You can see the PR for yourself, it will indeed put ads below all comment sections, beside lists of posts on trending/hot/new/promoted/feed pages, and interspersed in trending/hot/new/promoted/feed pages (unless they decide to change that).
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I can't read this code on github.
Below all comment sections, really? That sounds a bit extreme right?
The other places I am fine with as long as they are not bigger than the preview of an article.
Yep, below all comment sections. However, not everybody will see ads, as right now only logged out users will see ads. You can logout and try it yourself, as the ads have recently been enabled.
I tried logging out but I still can't find any ads. No adblocker enabled on steemit.com
Might be a caching issue. I see ads at the bottom of this post:
