Selfhosted
A place to share alternatives to popular online services that can be self-hosted without giving up privacy or locking you into a service you don't control.
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The power is only needed for transcoding. Multiple 4k streams should be little more than directly serving up the files to the client machine (like your TV) which consumes very few resources. You should avoid transcoding 4k down to 1080p or 720p by either avoiding 4k content, grabbing only stuff that is directly compatible, or having duplicate copies of stuff in 4k and 1080p so that the 1080p file gets transcoded if needed.
Many of us have separate 4k libraries on our servers to prevent any possibility of transcoding it (like for remote streams when you don't have the upload speed to stream 4k directly). Like for example i have about a dozen family members using my server remotely but I don't share my 4k libraries with them since the best upload I can get with Comcast is 12Mbps. In the Plex settings I have everyone limited to 3-4Mbps so that I can handle 3-4 people watching remotely at once which leads to these streams getting transcoded down to 720p.
That was just an example of when you might need to transcode multiple streams at once. Typically you shouldn't need to transcode anything especially if you're just watching at home. In that case you can have dozens of streams in any resolution running at once without the computer sweating at all.