Older desktops can have a somewhat hefty idle power draw due to the overall system consumption contributing more than expected, such as the southbridge. According to this old review of the i7-2600k, the system idles at 74w, which at $0.12 per KWh, would cost you roughly $77 per year. Though you might want to confirm that with a Kill-a-watt meter if you can (libraries sometimes lend them out), since I’m pretty sure that total system power chart includes a discrete GPU, so the real number for a GPU-less system is probably around 40 or 50w at idle.

If that is accurate, you could potentially replace your i7-2600 with a used Dell Wyse 5070 thin client from ebay for about $40 (in the US), and that idles at 5w, which would only cost you $5 a year at the same rate.

Older thin clients and laptops tend to have much better idle power draws compared to desktops. For other people reading this, if you’re using a desktop for a low-power use case, it’s probably worth finding out what its idle power consumption is and doing the calculation to determine if it’d be worth replacing it with a more efficient used thin-client or office mini-pc.

I suspect a VM would introduce latency (big no no for music production), and I can’t imagine getting ASIO working would be easy (though I’ve never tried it).

According to WineHQ, Ableton’s compatibility with wine isn’t stellar. FL Studio works quite well in it, but switching DAWs can be a pretty major undertaking.

For Linux native DAWs, Reaper and Bitwig are the two best options. Reaper is the most affordable at 60 bucks, with an infinite free trial.