Hi guys im planning to buy an i7 7700k but i have an corsair vs550 550watts power supply 80+ rated and an RX480 gaming x 8gb 3 fans and an ASUS H110M-K motherboard and 16gb of ram my question is does my pc have enough watts to run it with an i7 7700k and rx 480 8gb and do i need and do i need an bios update??