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Is PlayStation 5 suitable for Ethereum Mining?

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Ethereum Mining

Is PlayStation 5 suitable for Ethereum Mining?

Ethereum Mining

According to news agency GizChina, Chinese software maker Yifan Gu has mined ether with a PlayStation 5. The developer is said to have overclocked AMD Ryzen and AMD Radeon CPU cards on the PS5 to achieve a mining hashrate of 98.76MHz for each. In addition, Gu’s screenshot shows that 211 watts of power are required to operate the kind of modified equipment.

However, the screenshot provided by the alleged developer contained a QR code message indicating that the story was fabricated for entertainment purposes. The phrase “there is no such software” was followed by laughter.

Ethereum mining

Can you actually mine Ethereum on PS5?

Despite claims that users may be adapting some game consoles for cryptocurrency mining, data suggests that recent reports of Modified Ethereum mining for the PlayStation 5 were fake.

Sony released the PlayStation 5 in November 2020, with the announcement that the console will not be available to gamers in China until the second quarter of 2021. Given that the PS5 is in high demand around the world, it is unlikely that developer Gu could get and modify the console that quickly.

In theory, people can still mine cryptocurrency at home using modified PCs and game consoles or rigs purchased directly from miner manufacturers. However, energy consumption and energy costs, in addition to other risks, deter people from doing so.

This should not be forgotten when you read dubious messages about mining on the most unexpected devices. Last year, 1st Playable developers denied rumors that one of their games could be used to hack the Nintendo Switch console to mine BTC.

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