Can a Skyblock server be opened with R9 3900X?

[Mariie]

Hello, my package is ready and I am planning to purchase the server attached. It will cater to a maximum of 60 players, with an average of 30-40 players. The package is not excessive; it is focused on Skyblock 1.16.5+ and integrates Java Bedrock. Do you think this will be sufficient?

Additionally, will it be able to handle up to 120 players at the same time?