PeerTube support for offloading transcoding to other machines is <a target="_blank" rel="noopener noreferrer" href="https://github.com/Chocobozzz/PeerTube/issues/947">being discussed</a>, but not yet implemented.
It allows you to choose a hoster that fits you. YouTube's excesses are a good example: its hoster, Google/Alphabet, can impose its "Robocopyright" (the ContentID system) or its tools to index, recommend and spotlight videos; and those tools seem as unfair as they are obscure. Even though, it already forces you <a target="_blank" rel="noopener noreferrer" href="https://tosdr.org/#youtube"> to give it extended copyrights on your videos, for free</a>!
If it was easy to embed a PeerTube video on a website or to share it on social media, it wasn't possible to embed playlists. So we worked on their integration on third party websites. It's now very easy to share playlists with the embed code:
PeerTube should run happily on a virtual machine with 2 threads/vCPUs, at least 1 Gb of RAM and enough storage for videos. In terms of bandwidth, a lot will depend on which PeerTube instances you federate with and what your relation with them is (more about that below).
If you also to contribute to the growing of PeerTube, you can participate in its funding here: <a target="_blank" rel="noopener noreferrer" href="https://soutenir.framasoft.org/en">https://soutenir.framasoft.org/en</a>