Behringer XM8500

If you need a cheap microphone for YouTube covers, your first release or recording a demo then this will do the job.

It is also a great first podcast/YouTube microphone. If you buy Behringers 2, 4 or 8 channel audio interface and 2, 4 or 8 of these microphones(and stands and cables) then you have yourself a great budget multiple person podcast/interview set up. It's crazy that you can get podcast set up from 115 euros(two-person) to 210 euros(four-person) or even 390 euros(eight-person) if you buy their XM8500 + cable + stand bundle and their audio interfaces. But this does not include headphones or headphone amps. But it's still would then be around 300 euros for a 4 person podcast setup if you buy Behringers HA400(Audio Amplifier) and some 15-18 euro headphones. It's crazy that it is this cheap when something like this would probably cost 1000 euros or more for almost the same set up.