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I don't know quality of HP product. But if it use very cheap/QLC-based SSD, the sync speed (after certain block height) will reduce significantly and may cause slowdown whole laptop/task.
I tried looking for the available models that match the specified hardware and all I can find are basic models which has processors with power class 'U' (TDP 15W) and in that class we can't expect to have NVMe so they are only intended for very basic tasks and any intensive tasks can damage the hardware due to throttling. OP can stretch it by upgrading RAM and SSD, but definitely not recommended if he plans to keep doing other tasks as well on the same device.