Background: 15 years of experience in software and apparently spoiled because it was already set up correctly.
Been practicing doing my own servers, published a test site and 24 hours later, root was compromised.
Rolled back to the backup before I made it public and now I have a security checklist.
If it is your single purpose to create a blocklist of suspect IP addresses, I guess this could be a honeypot strategy.
If it's to secure your own servers, you're only playing whack-a-mole using this method. For every IP you block, ten more will pop up.
Instead of blacklisting, it's better to whitelist the IP addresses or ranges that have a legitimate reason to connect to your server, or alternatively use someting like geoip firewall rules to limit the scope of your exposure.