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I don't know what books you're reading but drilling a 7/16" hole in white oak at 10,000 rpm will not be very productive in my opinion, it will just heat the bit up needlessly and most likely dull it unless you are the hulk or something and can go like hell.
A nice heavy duty Milwaukee holeshooter drill or Magnum with the side handle would drill holes just fine in white oak, no need for 8,000 rpm.
I've drilled thousands of holes, believe me.
How deep are you drilling those holes?
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