First, you need someplace for the software to live. I'll say up front that you can happily run Huginn on your laptop, desktop workstation, or server so long as it's not running Windows. Huginn is developed under Linux; it might run under one of the BSDs but I've never tried. I don't know if it'll run as expected in MacOSX because I don't have a Mac. If you want to give Huginn a try but you run Windows, I suggest installing VirtualBox and build a quick virtual machine. I recommend sticking with the officially supported distributions and use the latest stable version of Ubuntu Server. At the risk of sounding self-serving, I also suggest using one of my open source Ubuntu hardening sets to lock down the security on your new VM all in one go. If you're feeling adventurous you can get a VPS from a hosting provider like Amazon's AWS or Linode. I run some of my stuff at Digital Ocean and I'm very pleased with their service. If you'd like to give Digital Ocean a try here's my referral link which will give you $10us of credit, and you are not obligated to continue using their service after it's used up. If I didn't like their service (both commercial and customer) that much I wouldn't bother passing it around.
As serious web apps go, Huginn's system requirements aren't very high so you can build a very functional instance without putting a lot of effort or money toward it. You can run Huginn in about one gigabyte of RAM and one CPU, with a relatively small amount of disk space (twenty gigabytes or so, a fairly small amount for servers these days). Digital Ocean's $10us/month droplet (one CPU, one gigabyte of RAM, and 30 gigabytes of storage) is sufficient for experimentation and light use. To really get serious usage out of Huginn you'll need about two gigabytes of RAM to fit multiple worker daemons into memory. I personally use the following specs for all of my Huginn virtual machines: At least two CPUs, 60 gigabytes of disk space, and at least four gigabytes of RAM. Chances are, any physical machine you have on your desk exceeds these requirements so don't worry too much about it (but see these special instructions if you plan on using an ultra-mini machine like the Raspberry Pi). If you build your own virtual machine, take into account these requirements.