A Virtual Private Server can be a good choice for hosting a Minecraft server, as it provides more resources and flexibility than a shared hosting plan. With a VPS, you have greater control over the server settings, can install custom mods and plugins, and can allocate more resources such as RAM and CPU as needed.
However, the performance of a VPS for Minecraft will ultimately depend on the specific plan you choose, as well as the number of players and plugins you have on your server. It's important to select a VPS plan with sufficient resources to support your Minecraft server and its players, as well as to optimize your server settings for maximum performance.