If the processor is good, yes, you can use it:
It is 10 years old.
What bios? That depends on the motherboard you choose. You will have to find a board that uses socket LGA1366. Then, you will have to ask the board manufacturer if their bios supports that processor.
The power supply will probably be ok.
A comparison such as that would be meaningless.
In my opinion, purchase a CURRENT computer, with an i5 processor, and save yourself a lot of time, effort, money, and disappointment.
It "might" be. However, consider that you first need to find a motherboard/bios that supports it.
Then, you need to find the memory.
Then, you need to find a graphics card.
Then, you need to find a case.
Then, you need to find a power supply. The one you have may or may not be adequate.
Then, you need to find a disk drive.
Then, there are other peripherals that may be needed.
To me, this is just not worth the effort for a processor from 2009.
A new computer would be much easier, better, run Windows 10, cost less, AND YOU WILL BE SUPPORTED.