I don't think adsense is dying. Today is the thrid day in a row that I am getinmg more than $2/click... Yesterday I gay $8.86 from 3 clicks, today I got $10 from 4 clicks... I think it's all about the niche and the source of traffic..
I am agree with your opinion. Google Adsense is not dying. And yeah congrats for earning. Your earning is good. Which keywords you are targeting?
I've been working with SEO niche for 3 years and It did never frustrate me... SEO is one hell a good niche.
that's what i've been telling the losers, adsense isn't dying..i guess they just wanted some attention