Yes and no.
You can't just throw up a lander with minimal content and Google AdSense ads and search. This is against policy.
A website must add some value to add either.
One sales lander that I can think of uses said technique, but they have massive traffic over hundreds of thousands of domains.
One domain may result in a lost account.
Once lost, don't expect it back. It's not worth it.
See this
policy and
topic.
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