The discussion centers on determining the feasibility of a chemical reaction using thermodynamics and equilibrium constants. Participants emphasize calculating the equilibrium constant at 800 K to assess reaction spontaneity, finding that a high Gibbs free energy indicates a low equilibrium constant, suggesting the reaction is not feasible. After correcting initial errors in calculations, a more appropriate equilibrium constant indicates significant conversion is possible, confirming the reaction's feasibility. The second part of the discussion explores how changing the composition of the reactants affects reaction feasibility, with a focus on maintaining the mole fraction of hydrogen below a critical threshold to prevent graphite erosion. Overall, the conversation highlights the importance of accurate thermodynamic calculations and understanding the implications of reactant composition on reaction outcomes.