Secondly, while the processor is an Intel, it is an Atom which is typically found in tablets and mini PCs and runs at a low clock speed (1.33 GHz). Its performance is similar to a high-end Pentium D from nine years ago although obviously it's far more energy efficient.
You can usually find brand-name tablets with Atom processors and running Windows 8.1 at around the same price point as well. For example, there is the HP Stream 7 at $99.99 and the Toshiba Encore Mini at $84.99. If you cracked one of these open, you would probably notice that their internals are very similar.
I'm not very familiar with hard drive mining coins but I know that with BURST, it's usually recommended to go with USB 3.0 if your hard drive is large (i.e. over 1 TB). I went over the specs of the mini PC posted by the OP but couldn't find any mention of whether the USB ports are 2.0 or 3.0.
If you want to pay more you can get 3.0 http://www.aliexpress.com/item/Beelink-Windows-MINI-PC-Intel-Z3735F-64bit-1-8GHz-Quad-core-2GB-RAM-32GB-ROM-Bluetooth/32354281633.html
But if you want to stake odd alt coins that only have a windows wallet and don't need 3.0 speeds this should work.