I was planning to put a ethernet card and use it as a router. It was to theown as garbage. Is what I am planning feasible or a good idea. Or it would be better as trash.
Your primary issue is going to be the power draw. If your electricity supplier has cheap rates, or if you have an abundance of solar power, then it could maybe find life as some sort of traffic analyzer or honeypot.
But I think even finding a PCI NIC nowadays will be rather difficult. And that CPU probably doesn't have any sort of virtualization extensions to make it competitive against, say, a Raspberry Pi 5.
Does it have onboard graphics? It will be hard without that.
If it has, you can make a vintage arcade machine, but with multiple games. You could, for example, run linux with OpenTyrian on it, which is one of my favorite games. Xgalaga++ and a lot of old games with DOS emulation should also be possible. You can strip down the OS, so only the barest minimum runs; should save some RAM and CPU.
I don't know how much your electric rate is, but a router or server that sucks down a hundred watts 24 hours a day may be a concern. An arcade machine would be my choice.