Yes. I have reported probably close to a thousand 1xbit posts over the last week and most of them have been deleted but as far as I can tell not a single user has been banned even though vast majority of their posts are utter meaningless drivel.
If that's the case, I guess a massive ban would the solution if they are generating a lot of spam. That has happened back in the day with Yobit siganture campaign if I'm correct.
There are many argument/counter argument whether they should be banned or forum should stand in the same way as always but I would be supporting anything for the good cause of the forum users. Forum can't expect everyone to be smart..