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It can be a legit process, but there should not be so many.
What is conhost.exe and Why Is It Running? - How-To Geek
One instance is normal, per the above aticle. But 300? Make sure it is not malware by using Malwarbytes. Once that is known, we can move at a slower pace to try and solve the problem
Here is another link indicating that it may be a problem. DO NOT FOLLOW ANY ADVICE GIVEN ON THAT SITE they are trying to sell software.
Just want to show you that it may be a problem
http://www.thestubware.com/def/201008/conhost.php