This car is moving about 5mph and ~12 ft away from the camera, the plate has no dirt on it. why is the image complete noisy trash? it's like the IR isn't on or something
I had problems with that firmware. Mostly cams going offline for about 2 minutes every 90 and not keeping the manual focus. Also had grainy captures and sometimes they looked out of focus but the focus value had not changed. So I went with the latest official version, V2.800.0000000.22.R, Build Date: 2020-11-19. My new settings below that seem to have solved all of those problems.
I'd knock gain down - try knocking down by 5 and keep adjusting until you get the image you are looking for. Mine is horrible without HLC at 50 and I am not as straight on as yours.
I've found once at the point where you are with overexposure but good otherwise, it was a fine balance between Gain and Iris.. 5 unit increments until good