Incorrect. Gain is NOT wattage. It is used to attenuate the signal more than anything. This widespread belief that "gain = wattage" is why people start blowing up their speakers and amplifiers.
For those who wants to understand the concept of the gain knob on your amplifier, do read this link: Amplifier Gain Controls
- this fully explains what it does and the concepts behind it
- way better than me typing out another wall-of-text paragraph





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