Or not. Slashdot has posted this:
Personally I don’t think much of Adsense, and Google is slipping in my esteem. I’m not sure how much traffic you’d have to have coming into your site to earm between 10 – 20 K a month from people clicking links. It must be an awful lot. I shudder at his hosting costs.
Maybe, just maybe, Adsense could one day cover my hosting costs. I earn waaaaaaaay under a dollar a day – I can’t give precise figures due to Adsense Terms of Service.
As they only send a cheque out when you have earned 100 dollars I think it will be awhile at this rate.
I know nobody that has earned enough from Adsense to pay the bills of hosting the site, that’s not to say it doesn’t happen, just that it hasn’t to anyone I know.