If you just bought a good mic but got dissapointed how quiet it is, this post will sort you out. My Blue Snowball iCE was way too quiet out of the box and I've used this procedure to make it sound great.
First we'll set up BlackHole, but the focus will be on Element, which is a great VST host application. It enables the manipulation of an input singnal through VST, AU and its built-in plugins. This is a good alternative to AU Lab, which actually works. We will also install AU Lab for it's plugins however.
The rest of the chain is just passing on a hot potato.