Cullen_1 :
Padster1 :
Kinda yes and kinda no. While its got enough wattage, its not a high quality PSU and the general consensus around PSUs is to NEVER skimp out on one. The PSU you listed is a Third Tier PSU and according to the tier list (
http://www.tomshardware.co.uk/forum/id-2547993/psu-tier-list.html ), "Some Haswell compatible, some not (maybe unconfirmed). Still safe to use and stable, just lower quality components. Not really ideal in serious overclocking or super-high load situations, such as a Bitcoin mining rig or a high end gaming system." If I were you, I'd take apick from one of the tier one or tier two PSUs.
What about the Corsair CX850M?
Tier Four
"Built down to a low price. Not exactly the most stable units ever created. Very basic safety circuitry or even thin gauge wiring used. Not for gaming rigs or overclocking systems of any kind. Avoid unless your budget dictates your choice.
Aerocool
GT Series 500s 700s 1050s HEC Compucase / Andyson (1050S model only)
Integrator 600w HEC Compucase
Strike-X series 800w 1100w Andyson
Templarius Imperator series Channel Well Technology ( 550W, 650W) / Andyson (750W - 1150W)
Cooler Master Elite II 550w (technically a 500w unit, maybe a typo from design department) Unknown OEM. Possibly HEC Compucase
Corsair
CX / CXM Channel Well Technology
VS Channel Well Technology
EVGA NEXB FSP
Firepower Fatal1ty 2013 High Power / Sirfa
FSP Raider series FSP
InWin Glacier ATNG
LEPA
MaxBron B1000M Yuelin
MX-F1 series (Trigger-happy Overcurrent protection and very poor quality capacitors) Channel Well Technology
NZXT
Hale82N 650w FSP
Hale82 V2 700w High Power / Sirfa
Raidmax Cobrapower 500w (Not to be confused with Akasa's Cobra series) Andyson
SilentumPC Vero M1 600w Sama / Guangzhou AOJIE
Thermaltake Smart / Smart M Channel Well Technology (M Suffix, 550P, 650P, 750P) / HEC Compucase (430P, 530P, 630P, 730P) / High Power (1000M, 1200M)"