Since diyHue Emulator is only a small script it should run fine on your System. Most user run it on a dedicated machine like the Raspberry Pi or similar single PCB computers.
The Stick you mentioned is currently not supported, if it has some sort of API or Websocket endpoint where the data of connected devices is published it should be possible to implement.
Deconz with Conbee Stick is currently supported by diyHue.