We set up a p2pool on Digital Ocean 1GB Ram 30GB in Ubuntu, $10 month. It didn’t have enough memory to compile feathercoind but I used the opensuse download.
Each miner takes about 50 MB RAM, not touched the bandwidth yet.
You can try it out cheap + it has fixed IP, good way to mess around. There is a code $10 2014SSD which worked for me second time, and Jupiterbroadcasting has a $10 code on LAS or Techsnap.