HTP only effects JPG/H.264 data. Turning it on for raw simply raises the minimum ISO to 200.
I thought the purpose was to get minimum noise from analog pre-A/D amplifier, however I've read that Canons have high post-ISO noise, so indeed - why lowest ISO?
The purpose is to get extended DR from a single frame.
Why lowest ISO?
The maximum amount of photons (signal) capable of being captured, can only be captured at the cameras base ISO, where no digital manipulation and/or gain is occurring.
The noise from the ADC only affects the shadow detail where it's percentage vs captured light is high (SNR).
Shot noise (the other significant contributor to total noise) is a square root of the number of photons. Excluding all other sources of noise, if we observe 2 different exposure settings,
f/2.8 - 1/1600s - ISO 100
f/2.8 - 1/100s - ISO 1600
Looking at the 2 captures by a sensel,
1600 electrons
100 electrons
Shot noise being the square root of the number of photons, so the SNR is,
1600/40 = 40:1
100/10 = 10:1
So the ISO 100 shot where the actual exposure (to photons (light)) was 16x longer, has a SNR ratio 4x greater then the ISO 1600 shot.
The gain (ISO 1600) on the 1/100s exposure hasn't effected the SNR of the shot noise.
100x16/10x16 = 10:1
In summary, less photons (light), lower SNR.
The DR of the camera is limited solely by the cameras electronics. ie: The ability to capture light and where the noise from the cameras electronics is greater then the amount of photons captured. In Canon cameras, this is the noisy ADC. Here, analog gain before the noisy ADC helps to reduce the read noise.
We can observe the reduced read noise with increased ISO from the data from DxO. Here for a Canon 5D Mark III,
http://www.sensorgen.info/CanonEOS_5D_MkIII.htmlISO Measured ISO Read Noise (e-) Saturation (e-) DR (stops)
100 80 33.1 67531 11.0
200 160 18.2 35189 10.9
400 323 10.6 18273 10.7
800 641 6.1 9055 10.5
1600 1280 3.9 4380 10.1
3200 2518 3.1 2179 9.5
6400 5179 2.9 1079 8.5
12800 10084 2.4 526 7.8
25600 18589 2.9 308 6.7
51200 37032 3.1 166 5.7
102400 77274 4.4 123 4.8
The saturation numbers in the table above (for ISOs above 100) are an estimation of the amount of photons able to be captured, before the gain (ISO) overloads the ADC.
@ ISO 100 there is 11 stops of DR, limited by the the amount of photons able to be captured before overexposure (saturation), and (more importantly) the read noise from the ADC. @ ISO 200, the DR should be reduced by (all but) 1 stop due to the limited photon capturing ability from gain overloading the ADC. However, we can see that the DR reduced by only 0.1 stops. The analog gain (ISO) was useful in reducing the read noise to a point where it offset the limited photon capturing ability.
What is not shown in the data above is the level of shot noise that was described above. Increasing ISO does not reduce shot noise, it merely applies gain to the already captured exposure.
Where we use ISO to boost the signal level before the ADC, we haven't increased the amount of photons captured, so we do not increase the SNR of the shot noise. In general, the SNR of the shot noise is lower (more noise) in higher ISO shots, as we use higher ISOs to correctly render lower levels of light.
So we can see how light plays a very important part in photography, not only from a creative standpoint, but in a more accurate rendition of the scene (more light/less noise).
Back on topic.
@ ISO 400 we can see the overall DR has reduced by 0.3 stops as compared to ISO 100. Here, the reduction in read noise (from the higher ISO) hasn't outweighed the reduced number of photons (able to be) captured as well as @ ISO 200, and we can see that this trend continues with increasing ISO. @ ISO 1600, the overall DR has reduced by 0.9 stops.
If we observe the data from a base ISO standpoint of ISO 800, we can see that if we use an ISO just 2 stops greater @ ISO 3200, the overall DR is reduced by 1 full stop. We gain 2 stops from the 2 stop ISO increase, but we lose 1 stop from the reduced DR at that higher ISO.
Base ISO 100 + recovery ISO 800 = net gain 2.5 stops.
Base ISO 800 + recovery ISO 6400 = net gain 1 stop.
And since the base ISO controls the highlight data, we want to use the lowest ISO possible, not only to ensure the maximum amount of light is captured (higher shot noise SNR), but to ensure we get the maximum gain (benefit) from the recovery ISO.
Where we use the recovery ISO in dual ISO, we do not gain or lose SNR of the shot noise in the shadows, since that is controlled directly by exposure (shutter/aperture), which is controlled by the need to capture highlight data. But we gain reduced read noise in the shadow data from the increased ISO used to sample these areas.