Yes and no - the flood of registrations every 3 seconds is under the same IP address and I just IP banned the most recent flood, but about 12 hours ago they flooded the site and had a different IP address.
Unfortunately they also appear to be using clean e-mail addresses and IP addresses as the StopForumSpam database is showing "Allowed registration" for each of the thousands of attempts.. They're not actually registering an account, so I'm guessing they're cancelling the registration right before the "Submit" function.
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