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RE: ⛏️ Why the Hell do Bitcoin Miners Spend Their Time Mining Empty Blocks?
Yes, that is true now that due to bitcoins dominance in the crypto world, all other cryptos depends on the success of bitcoin. But it is starting to change little by little. It is just a matter of time until bitcoin finally will loose its dominance.
Yes, @discernente this should happen when crypto gains more trust as a whole and then all the smaller ones will have a better chance to grow. Take Steemit for example, it is so undervalued considering it's ability to process transactions for free and to keep a social media platform on top of it at the same time.
But as bitcoin lost value from 3000 to 2300 Steemit also dropped. They are not related, they are on separate blockchains, they have different proff of work algorithms and different mind sets, but when Bitcoin drops so does Steemit. And never the other way round.
I surely hope that it changes soon, so that more crypto has a chance to show itself.