My experience shows they do not.

For a ban, they need something concrete like using the same browser cookies, recovery email address or phone number.

IP isn't enough alone - you could be on shared WiFi.

Also, after account creation, you can log in from the same place without risk, or even use multi-login to log into both accounts at the same time.

I’m so tired of this widespread tracking. You can’t even buy a burner phone anymore because there exists multiple fingerprinting methods.

Phone and desktop OSs should grow a pair and create a virtualization protocol to randomize tracking info to keep PII anonymous.