Found some helpful resources. Linking them here for future readers:
- https://gitlab.freedesktop.org/pipewire/pipewire/-/wikis/FAQ#what-is-the-pro-audio-profile
- https://gitlab.freedesktop.org/pipewire/pipewire/-/wikis/FAQ#what-are-those-analog-stereo-and-digital-stereo-iec958-profile
- https://old.reddit.com/r/kde/comments/ov6r95/what_is_the_diffrence_between_digital_audioiec958
Changing Bit Depth and Sampling Rate in Pipewire:
- https://bbs.archlinux.org/viewtopic.php?id=273067
- https://discussion.fedoraproject.org/t/how-to-change-sampling-rate-and-bit-depth/75935
- https://gitlab.freedesktop.org/pipewire/pipewire/-/wikis/Config-PipeWire#setting-sample-rates
- https://wiki.archlinux.org/title/PipeWire#Changing_the_default_sample_rate