No it doesn't. Seeds cannot be generated by the console, they are stored in more than one cert that is programmed when the console is manufactured. The seed is "active" on a server that provides services. Your console only has ONE good LFCS_B, the only reason you can use one from another console is because it's signed correctly. Formatting your console 25x will NOT give you a different seed period, it doesn't generate a new moveable.sed or LFCS, otherwise no one would have to do anything but format to get rid of a ban; which you know doesn't work. Nintendo is smarter than that...
Please vidit 3DBrew and read how these things work and you'll see this is wishful thinking. That's not how it works at all.