I haven't used the Hobart Cybertig, but I doubt very much if it puts out *exactly* what is specified regardless of arc resistance. Do you have the owners manual for it? If not I highly recommend you get one.
Looking at the default Cybertig manual (not having your serial number) it shows an I/V curve which can be adjusted with the "arc control" between drooping around 10 A between 0 and 50 volts (much closer to exact than most constant current welders) to drooping 150 A between 0 and 20 V. 70 volts open circuit either way. Looks like it will put
460 A into a short with the right settings, but only for a couple minutes out of 10. Schematic provided too - full bridge SCR rectification and control, big series inductor (reactor) no value given and .05 uF 500 V capacitors to ground plus HF transformer with arc gap. Your model undoubtedly differs. I strongly recommend you read the entire manual for your exact unit. The Safety Guides would be a good idea too. g