Splitting drums over multiple tracks?

[138BPM]

When I started using a DAW, I just threw the kick, snare, hi-hats, clap, tambourine and so on, all on one track. Way back in time, when we only had 16 tracks to work with, track 10 was always used for drums.

The thing is now we can have as many tracks as we want as long as our computers can handle them all, so what is the best way to do it now in 2021, when using a DAW?

After a while I started splitting off the kick drum, because I wanted it to have it's own EQ and put in mono, but I have seen some people split off every single drum hit to its own track, which to me seems like a lot of work but it would also give full control over everything.

I just wonder how other people manage their drums, because I want to make a gated snare, but if the snare is on the same track as other drums, it's not possible because the other drums will end up with the gated effect too - so it seems splitting every drum hit is the way to go?