Shared hosting is OK if you're using a faucet payment processor such as Faucetbox. You'll need MySQL and PHP for faucetbox. However, a VPS is in many cases more secure (separate sandboxed environments for each user).
Thanks for Answer, I seen some faucets are down due to high CPU usage, Is it right it right if I go through shared hosting then My faucet may be down for high cpu usage.
Yes I am planing to use faucetbox script.
I prefer vps for faucet, but shared hosting is good for now. high cpu usage is depend on your visitor activity, more visitor --> more cpu usage.
I am also planing for vps, But now I can't afford to buy vps & also don't know about vps hosting.