I'm wondering if this internet speed is good for a minecraft server?

My internet speed is
Download:80
and upload is 8
And I have 4gb of ram on my laptop (8 on the desktop)
I was wondering if I could host a Minecraft server for me and my friends with these statistics.
Also another small question, is hamachi any good? I've been using it for a year or so, and it seems to slow down the server. Any other programs? Or fixes for hamachi?

Added (1). okay. So the ram on my laptop is 4 gb and desktop is 8gb.

The processor speed is 1.7 ghz for laptop and 3. For desktop.

I didn't want to run the server on the desktop, as I will be playing on it. But if it seems okay to play and host the server on it, then I can.

Added (2). 3.4* for desktop

Not only your internet speed is crucial for Serving a minecraft-Server, but also your ram and processor, if you five the Specs than i can see of it is good for serving a server for minecraft.
Hope it will help you!