Looking for a reliable 24/7 server PC to run many Minecraft instances — is this build good?

Is my build good enough to run 80+ instances? Minecraft 1.20.4 Fabric, about 1–1.1 GB RAM per instance, just Sodium and Sodium Extra.

RX 580 8GB Sapphire Nitro
Xeon E5-2680v4
ICE400SE
AeroCool 600W VX 600 PLUS
RAM 4x32GB Hynix 2133 ECC RDIMM
QIYIDA X99 LGA 2011-3
Radeon 120GB SSD (I don’t need much storage)
Random 1TB HDD
Random ATX case with vents

This is my first build, just double checking if all components are really compatible. Any potential bottlenecks or issues I might overlook?