I recently saw a good blogging platform named ghost.
But it is based on node.js so a usual Linux hosting can't handle it.
So is it possible to run node.js on a Cpanel (Linux host) or convert node.js projects to normal php?
DigitalOcean is currently the cheapest and (in my opinion) the easiest way to start a Ghost blog. They offer one-click Ghost installations on their SSD VPSes, which run on Ubuntu. Hmm, DigitalOcean is quite new, they began back in 2011, but are setting new standards - for $5 /month, you can get a VPS with 20Gb SSD, 1TB bandwidth and other cool features...
But beware, they're so cheap because they don't offer 24/7 support, like Mediatemple or other enterprise hosting solutions, but they do have an amazing community-driven forum/blog, where you can find nice tutorials, ranging from how to set up a VPS to hosting OpenVPN.