No that board is not suitable for 8 core FX chips. It is poor quality even for FX4 chips. It has low power phase, no VRM heatsinks, just not great in general.
http://www.tomshardware.com/forum/id-2384030/motherboard-tier-list-am3-chipsets.html
Since you already have it though, and I don't think this will make the difference you are looking for because your problem is likely due to VRM throttling, you might try pulling the CMOS battery to reset the bios configuration for the new CPU. Leave it out, with the power off of course, for about two minutes. Then put it back in, power up, enter the bios and reset the option for "optimal default" or "system default" configuration and save setting.
Probably though you will want to get a better...