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It's not even that we're "cow's hands" (lolol), but Brazilians still do not have the habit of buying stuff online. Thus, it's not a good market for Affiliate Marketing, in my opinion. However, you're focusing on Adsense, and Brazilians do tend to browse the Internet all day long - and they're...

Nice to see another Brazilian in here, hope you're doing well. I'm curious, are you building a Brazilian website? I thought about building one, but since most Brazilians aren't used to make online purchases (and my English is somewhat decent), I'm going for the US market instead.