Wanna thank you for this post first. However I was unable to run the latest MiFlash due the error as seen on screenshot. (Windows 10)
No matter what I was trying to do, MiFlash was still asking to install drivers (including Nvidia drivers, wtf?)
USB drivers were installed correctly as I could see connected device with installed drivers and fastboot devices have also worked fine. I have done several reboots, windows test mode, but without success...
If anybody else is having same issue, I was able to use probably
very old version of MiFlash to successfully flash fastboot MIUI image.
Poco F1 again operational