fans on, and power light blinking says voltages are all OK, main processor started, found a problem, and is blinking the power indicator at you.
The "approved method" for debugging is to remove everything in a slot -- all drives, all DVD readers, the graphic card, all PCIe slot cards. install NO RAM and you get the blinking power light that says processor ok, but no RAM.
Next, install one DIMM and you should get something different.
Don't try to mix DIMMs Over 16GB/DIMM (Registered DIMMs) with smaller ones -- nothing will work if you do.
is this a dual or signal chip, and what model-year?