Software RAID is default install for SME.
If you do not choose nothing else, you have a RAID install.
About your BIOS, I'm not sure, but if it's nor IDE neither is RAID, SHOULD be the correct option.
But I think even 1 hour to format a 2TB HDD is too much!
Something is not right, please do not put this server on production till you find out what is causing this slowing down of HDD.
If you have finished formating and installing SME, you can test HDD speed using hdparm:
hdparm -tT /dev/sda
See my numbers below as reference, this is a 1TB HDD running on Dell GX280 (old P4 CPU):
[root@guepardo ~]# hdparm -tT /dev/sda
/dev/sda:
Timing cached reads: 2912 MB in 2.00 seconds = 1455.74 MB/sec
Timing buffered disk reads: 242 MB in 3.01 seconds = 80.53 MB/sec
[root@guepardo ~]#