I just built my first computer today and I checked the cpu temp to find that the ryzen 5 3600x is showing temps over 70c. I've had it on all day trying to install stuff and get it working but wasn't playing games or anything. I know one thing to try would be to reinstall the cooler with new thermal paste but a friend also suggested I try changing some bios settings - how would I do that/what settings would impact temps the most? My motherboard is an asus b550m-a.
What are your actual load temps ? Run Cinebench R20 for 1 pass and see what the temps go to.
Are you using Ryzen Master to check temps ? if not you should.
Ryzen will push clock speeds, voltage, and temps up until the internal algorithm tells it to back off to maintain stability...this includes light load situations...it's what "core performance boost" is all about.
Changes in the BIOS besides enabling XMP, optioning boot drives, and turning off PBO (if ON by default) should be avoided when first setting up a system. Making a bunch of changes to a new system can mask hardware issues and software install issues.
Down clocking should never be used in place of fixing actual cooling issues on a system...especially since just buying a slower cooler running processor in the 1st place would have made more sense.
As others have said it's likely you have an air flow issue...you said you have the side panels off but do you have a room fan pushing air into the case ? If not give that a try...if cooling improves dramatically then you have a case airflow issue...it nothing changes or it changes very little then it's likely the cpu heatsink is not attached correctly.