I’m attempting to set up Pants in a Docker container alongside a mounted repo. Installing the Pants binary is successful but when trying to bootstrap, Pants fails with this error. Are there any memory considerations I should be making for Pants to run in a container?

10:58:41.40 [INFO] Initializing scheduler...
Traceback (most recent call last):
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/bin/pants", line 8, in <module>
    sys.exit(main())
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/lib/python3.9/site-packages/pants/bin/pants_loader.py", line 123, in main
    PantsLoader.main()
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/lib/python3.9/site-packages/pants/bin/pants_loader.py", line 110, in main
    cls.run_default_entrypoint()
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/lib/python3.9/site-packages/pants/bin/pants_loader.py", line 92, in run_default_entrypoint
    exit_code = runner.run(start_time)
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/lib/python3.9/site-packages/pants/bin/pants_runner.py", line 89, in run
    return remote_runner.run(start_time)
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/lib/python3.9/site-packages/pants/bin/remote_pants_runner.py", line 123, in run
    return self._connect_and_execute(pantsd_handle, executor, start_time)
  File "/home/dev/.cache/nce/3d6643e46b53e4cc0b2a0d5c768866226ddce3de1f57f80c4a02d8d39800fa8e/bindings/venvs/2.16.0/lib/python3.9/site-packages/pants/bin/remote_pants_runner.py", line 165, in _connect_and_execute
    return PyNailgunClient(port, executor).execute(command, args, modified_env)
native_engine.PantsdClientException: The pantsd process was killed during the run.

If this was not intentionally done by you, Pants may have been killed by the operating system due to memory overconsumption (i.e. OOM-killed). If you keep seeing this error message, try the troubleshooting steps below. 
...

Have you followed the troubleshooting steps below? The initial memory consideration is to make sure there is enough memory... That error seems to be telling you there is not.