That may be true on the output side of the circuit board (it is, only if you have a .5Ω coil attached), but that's not what the battery sees. Your battery doesn't put out 5v. It puts out more like 3.7v, and the circuit does the "dirty work" of converting that into whatever is required for the selected wattage setting. (3.7 is the "nominal" voltage, but the actual voltage varies from about 4.2v at full charge, down to around 3.3 or so when you will need to recharge it. For safety calculations, we always use the lowest voltage and usually just call it an even 3 volts under load, if we don't know the actual low-voltage cutoff of the particular device in question.) So at 50w, you're drawing 50/3 = 16.6 amps. Also many of us like to not push our
batteries right up to the limit, and so we will allow ourselves some headroom of 10, 25, sometimes even 50% just in case the device is a little inaccurate, or the
batteries are a little old, or whatever, hence the recommendation for quality, name-brand 20A or 30A batteries from a trusted seller.