I get asked this question alot. There is too many variables at play to tell you what server you need.
How many UV? How many pageviews per UV? How long are your videos? What bitrate? What is "alot of bandwidth"?
If you are buffering too much and the load on your server isn't too high, then chances are your network is simply slow or bad routing.
If your server load is high, then look towards your harddrives. They can only spin so quickly and might be causing disk i/o wait.
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