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yeah you might be right. i checked and i think all it would be able to do is a half a gigahash per second. that wouldn't be enough to make any cash. so it won't help with mining bitcoin but maybe some other altcoin it could.
When you are calculating total computing power, you should keep in mind that
usually when the number of cores in a CPU increases their individual clock speed decreases. That's because high CPU clock produces a lot more heat than a low CPU clock, with more cores you get more heat and at some point it would take a lot to cool the CPU down.
For example core i9-10980XE has 18 cores but speed is 3 GHz while core i7-7740X has 4 cores with the speed of 4.3 GHz each.