Dynamic transcode throttling methods and devices for processing resource management and thermal mitigation in electronic devices such as eyewear devices. An electronic device monitors its temperature and, responsive to the temperature, configures a transcoding service to operate at different rates. A frame delay module is configured to add a delay between read frames prior to the transcoding service. This enables the electronic device to consume less power when temperatures are too high in order to provide thermal mitigation and can be performed without powering down the electronic device.