Adsense, not making sense

I just found out something really interesting. makes about the same in cpm as a top 50 blog. (I made $1.37cpm last year, he made $1.39cpm) This is really interesting, because I always thought that adsense works way better on blogs then it does on tool sites.

But this must be wrong. We both target a tech audience, perhaps the audience matters more then the content of the site?

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