Also not true. Read Medium's help pages for what helps determine your payout. I picked out a few of mine:

9.7K reads: $49.29 earnings or $5 per thousand

7.3K $15.37 or $2/m

6.3K $277.47 or $44/m

5.5K $18.62 or $3/m

3.6K $151.22 $42/m

3.2K $297.80 $93/m

All of similar length and topic. Earnings are much more complicated than you think.