you will likely spend most of your time in simulator, and it's a very CPU-intensive task. Speed of synthesis and place & route is not that important because normally you won't be doing it very often, but it's just so happen to also benefit a lot from faster CPU
For business, you are undoubtedly right, but ... here the goal is to give a hobby purpose to a line of RISC workstations that otherwise would no longer have a purpose to exist
Think that I took a plane and went in person to Sweden to collect my C3750, still packaged, from a company that had purchased it in case they needed HPUX/PA_RISC support, but then never used and replaced with a Xeon workstation!
From a construction and design point of view, this workstation line is undoubtedly much more interesting than any "PeeeCeeee" ever built.
A real shame that the PA-RISC line ended with the PA-8900.
In any case, I spent 2 years, in my spare time, to port GNAT to GNU/Linux HPPA. It was used to compile GHDL, and I can say that for not too complex HDL simulations a single CPU @ 875Mhz is fine.
Can we quantify? Sure, let's take a real project: the GameDuino-v1.
It's a "forth-oriented CPU designed to be a video Coprocessor" written in Verilog.
I rewrote it in VHDL.
Years ago, Olimex commercialized a similar thing using a Spartan3-250, and the resources used are not even at 90%.
I have no commercial interests, I took that project simply because I was interested in studying the architecture of that strange CPU, and then I needed a real project to test GHDL on HPPA.
I mean, my little projects are usually much more "clean" and GHDL oriented, a slight difference that however makes a "big" difference between simulating something with iSim (Xilinx) or with GHDL.
Well, on my single PA-8700 CPU @ 875Mhz, with only 8GB of ram (which is the maximum for that workstation), I was able to simulate the entire project using GHDL and GTKwave, and it didn't even take long to have the timing diagrams.
From the Makefile, to the wave file it takes less than a quarter of a minute.
Consider, on PA-RISC ... HDs are usually SCSI @ 7200RPM, the PCI-SCSI-HBA subsystem (in my case Adaptec 29160) does not even work optimally on linux kernels v5, and typically wastes 40% of the bandwidth, with a maximum of 30Mbyte/sec in read/write.
For me it is more than acceptable, so much so that I have been using the workstation for about 1 year to develop parts of my study SoC.
It is a personal RISC architecture (read it "my personal toy"), similar to MIPSR32, but with some modifications.
At the moment I am working on a transactional memory, about 900 lines of VHDL code.
The problem is: I cannot synthetize the "GameDuino-v1" for my Digilent SP3-500 eval board (cheapest version) without the need of an external servel, and when I send the file to the MacMini intel server where XILINX ISE runs natively, it takes at least 15 minutes before the bitstream is returned.
So I would probably buy a more powerful x86 computer to run Xilinx ISE on, while I wouldn't replace the HPPA workstation because - as far as my needs are concerned - for simulation it's more than acceptable