Hello and sorry for the late response. Thank you for the screenshots.
Yes you can reinstall on local hard drive, the license is remembered.
Definitely check your GPU drivers, this issue was fixed by the drivers in the past. Then clear your cache. Maybe even reset the application. That is done by holding Shift key when double clicking on RC icon. In the screenshots I can see that you are using a reconstruction region, that is good. Try to change it slightly, make it bigger by 10 to 15% and also try to rotate it a little bit by 10 to 15 degrees. Then reconstruct it again. If there are still some problems you may try to reconstruct the scene in blocks:
https://support.capturingreality.com/hc/en-us/articles/360016441831-Huge-scene-reconstruction
What do you exactly mean by Windows server in your previous question? The operating system or something else? Data sets around 100 000 photos were reconstructed in RC. For aligning 20 000 images on a single machine with the default settings you would need 160GB of RAM. But following the link above you can reconstruct huge scenes on a computer with much less RAM.