All I know is the TOS of google and they say you can have max 3 spots, including that of other competitors. What you can use is an ad management solution like msa to rotate different competitors against each other. That is what I am doing.
Try contacting their support because I've used them and I never seen such a low revenue compared to your clicks. Maybe something went wrong (default etc)
Are you also offering your services in a subscription service? For example, I pay a fixed fee every month and you writed a fixed amount of articles related to the website.
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