"Hosting" your own blog takes around an hour of setup for wordpress or github pages. Personally, I use vultr + wordpress for my blog[1], but I have technical expertise - it took only 30 minutes to setup and transfer from my previous provider.
Reason I like to host my own, is I control the content, the popups, the UI, etc. If you care about that, host it yourself. Medium is there to make money, we can't fault them for attempting to collect for their service.
[1] https://austingwalters.com/
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