I don’t know that it would be worth the power usage. If it’s all you got, then it’s overkill in my opinion, but should work fine. If you are buying, x30 poweredges are getting cheaper, their precision towers in that gen and above would work, and would be more powerful using less power. E5-v4 processors are also getting cheaper, which you can throw into most of the x30 poweredges. And they run ddr4 ram.
But if the 710 is what you got, then it should accomplish what you are looking at doing just fine in my opinion.