Ordered one of these too eBay auction: #324030959176 for the next streaming session that and a few of my Chinese suppliers in particular want to practice their English via Skype rather than use email Cheap and cheerful but eposvox on youtube made it sound good but his voice helps a lot. If nothing else stands and arms for other projects is a worst case for the few $
I'd get a real audio interface with a balanced microphone input capable of phantom supply to go with that, and ditch the USB dongle and the 3,5mm cable. Then you'll discover there's difference between the good and bad Chinese microphones. Some of them, like the Studio Projects B1, do an at-the-price-point impressive job capturing audio.
And then you'll discover the truth about condenser microphones, well, it's like in the Zappa song[0], "Some of the really good ones come from over there"; their makers speak German...
As a matter of fact, The Holy Grail of condenser microphony, the Neumann U47 (which was sold under the Telefunken brand in the USA) is mentioned in the song. The U47 is the reason all those China microphones look the same, they are trying to mimic the U47. Of course, the U47 is a valve microphone, using an unobtanium VF14 pentode, so acts just like the Devices we're more commonly talking about in here.
Without even bordering audiophoolery, pro audio is a rabbit hole in and of itself, comparable to TEA.
0: The reference is to Joe's Garage Act II, Scenes
9 &
10. Parental guidance is recommended when enjoying these lyrics.