We'd like to refer you to boonex.com/hosting where you can find a list of recommended hosting providers. Godaddy is cheap, that's true, but for the most part, Dolphin technical requirements aren't supported on these servers and Dolphin cannot be installed and run properly.
Please, check Arvixe or HostForWeb shared servers. They offer a Media Server hosted solution, so you needn't have Media server installed. These servers are good enough to start a Dolphin project.