Pages:
Author

Topic: PS3 Mining - Does it work? (Read 3906 times)

legendary
Activity: 1008
Merit: 1000
July 22, 2014, 11:08:52 PM
#25
I wonder how many k/hash will do the PS3 and PS4, maybe they are more efficient than the common GPUs?

I don't think so but if it does I am buying Ps3 for mining instead of GPU..
sr. member
Activity: 644
Merit: 260
July 22, 2014, 09:25:31 AM
#24
I wonder how many k/hash will do the PS3 and PS4, maybe they are more efficient than the common GPUs?
newbie
Activity: 56
Merit: 0
July 21, 2014, 09:51:57 AM
#23
Hi,

I'm aware there have been posts about this but none seemed to answer my question and also now more and more people would have PS4, there would be a lot of PS3 just sitting around.

How many people have successfully got this working? If so is their a guide I can follow or can someone give me instructions on how to set it up.

Does the PS3 need to be jailbroken? I don't really mind what type of returns I get as I have free electricity and any return is better than none.

Thanks for the help! 

Do it really work?? PS3 mining, i think, can be possible, with their GPU.
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
July 20, 2014, 05:56:00 PM
#22
I remember you could do SETI@home and protein folding with PS3, the power was decent at the time, but the lack of legitimate fans and good cooling made the machine absurdly hot. Overall not a good idea to mine with a console, specially in the summer you can kiss it goodbye.

I'm not really an expert on the calculations done by SETI@home, but I believe that it uses quite some sophisticated set of instructions that have to be performed. Bitcoin mining (like every SHA256 coin) is rather stupid when it comes to the operations that have to be performed (that's why it is relatively easy to construct ASICs for that and why they're so effective). If you can only use a multi purpose CPU for the calculations (like SETI@home), though, everyone's stuck with those processors and no one has an ASIC-advantage!
sr. member
Activity: 322
Merit: 250
July 20, 2014, 04:20:26 PM
#21
I remember you could do SETI@home and protein folding with PS3, the power was decent at the time, but the lack of legitimate fans and good cooling made the machine absurdly hot. Overall not a good idea to mine with a console, specially in the summer you can kiss it goodbye.
sr. member
Activity: 273
Merit: 250
July 20, 2014, 09:11:57 AM
#20
Even if PS3 mining do work the efficient would be really bad in term of electricity.
full member
Activity: 271
Merit: 100
July 19, 2014, 06:04:42 PM
#19
Try selling your console and try hedging.
sr. member
Activity: 406
Merit: 250
July 17, 2014, 04:39:19 PM
#18
I would sell the PS3 and buy some bitcoin. If you want to try and make some more money from that, you can loan those coins out for a percentage, just like a regular loan. There are some websites setup for this kind of thing. It is risky and you don't want to loan everything you have to one person. I look at it like "I've wasted $100 on worse things". Good luck
hero member
Activity: 519
Merit: 500
July 17, 2014, 02:39:18 AM
#17
Sony disabled Other OS in the 3.21 firmware update

I would advise against buying a PS4 until Sony restores that function as a sign of good faith.

The PS3 would probably fare no better than a GPU mining. If you want to mine, you essentially need to invest in ASICs. If Sony still had other OS, you could probably use it to control the actual hashing machines. The 256MB of RAM would be limiting though. (For using P2Pool you essentially need 2GB to run P2Pool and Bitcoind at the same time).

That link is 4 years old and can be ignored. You can customize your firmware with https://github.com/aldostools/webMAN-MOD

There are a few important points to remember:

1. It'll get super hot and will destroy your ps3 in a short time by desoldering pretty much everything attached to the motherboard.
2. Costs 100x more in electricity than it makes in mining profit per day.
3. A Pain in the ass to set up if you can find the software mod files without malware.
4. Totally worth it for bragging rights.

Those bragging rights passed away a long time ago.  In a head to head between somebody running 50 Neptunes with Novec 7100 or a PS3 mining Bitcoin - I would be more interested in the Novec setup.  As noted above it's been done on a SNES and nobody even remembers him.
newbie
Activity: 25
Merit: 0
July 16, 2014, 06:09:12 PM
#16
Sony disabled Other OS in the 3.21 firmware update

I would advise against buying a PS4 until Sony restores that function as a sign of good faith.

The PS3 would probably fare no better than a GPU mining. If you want to mine, you essentially need to invest in ASICs. If Sony still had other OS, you could probably use it to control the actual hashing machines. The 256MB of RAM would be limiting though. (For using P2Pool you essentially need 2GB to run P2Pool and Bitcoind at the same time).

That link is 4 years old and can be ignored. You can customize your firmware with https://github.com/aldostools/webMAN-MOD

There are a few important points to remember:

1. It'll get super hot and will destroy your ps3 in a short time by desoldering pretty much everything attached to the motherboard.
2. Costs 100x more in electricity than it makes in mining profit per day.
3. A Pain in the ass to set up if you can find the software mod files without malware.
4. Totally worth it for bragging rights.
full member
Activity: 210
Merit: 100
July 16, 2014, 04:26:05 PM
#15
It's interesting how every new generation of some next-generation computing device people assume it would revolutionize bitcoin mining. People have to realize that those processors are multi-purpose processors. Processors specifically designed to perform a certain task (ASICs) are already far far far superior to any multi-purpose CPU that's available and will be available in the next 10 years...
hero member
Activity: 784
Merit: 500
DeFixy.com - The future of Decentralization
July 16, 2014, 09:27:57 AM
#14
even if it is work i won't to do that, i think the hash power will be low if using PS3. PS3 is to gaming not to mining
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
July 15, 2014, 12:08:01 PM
#13
Yes it work, but why would you want to waste a nice gaming machine..

I have a PS4 these days so my PS3 just sits in my cupboard!

1) Sell PS3 on Craiglist/eBay for $100
2) Move $100 to exchange
3) Buy 0.17 BTC with the $100
4) Start playing on your PS4 and not worrying about how to hack it
You are missing the part where hacking stuff is fun. AFAIK, the PS3 was broken wide open within a year of the OtherOS feature removal. This, after lasting about 3 years in the market with no public exploits. Sony pissed off the very people with the skill to break the system by removing that feature.

hero member
Activity: 873
Merit: 1007
July 14, 2014, 11:32:54 PM
#12
Yes it work, but why would you want to waste a nice gaming machine..

I have a PS4 these days so my PS3 just sits in my cupboard!

1) Sell PS3 on Craiglist/eBay for $100
2) Move $100 to exchange
3) Buy 0.17 BTC with the $100
4) Start playing on your PS4 and not worrying about how to hack it
legendary
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
July 14, 2014, 02:31:36 PM
#11
Why not sell that PS3 for some BTC?  You'll make more that way than you would by setting it up to mine.  Of course, it would be a pretty interesting experiment to see if you actually could hack it just to see it work Smiley
full member
Activity: 151
Merit: 110
July 14, 2014, 01:50:33 PM
#10
Get a Raspberry Pi and use that to control miners. Save energy and the earth Smiley

The Pi has only 512MB of RAM Tongue


And?
That's more than enough to run cgminer.
OP never said anything about p2pool...especially not his own node.

And FYI, the PS3 doesn't have more RAM than the Pi
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
July 14, 2014, 01:15:31 PM
#9
Get a Raspberry Pi and use that to control miners. Save energy and the earth Smiley

The Pi has only 512MB of RAM Tongue
full member
Activity: 151
Merit: 110
July 14, 2014, 01:14:08 PM
#8
Trying to use a PS3 would be horribly inefficient. I have a Dev kit on my desk and I wouldn't even use it to control USB miners never mind mine itself.

Get a Raspberry Pi and use that to control miners. Save energy and the earth Smiley
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
July 14, 2014, 01:13:04 PM
#7
Yeah the Ps3 would probably use more electric than the money its producing.
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
July 14, 2014, 01:09:56 PM
#6
Sony disabled Other OS in the 3.21 firmware update

I would advise against buying a PS4 until Sony restores that function as a sign of good faith.

The PS3 would probably fare no better than a GPU mining. If you want to mine, you essentially need to invest in ASICs. If Sony still had other OS, you could probably use it to control the actual hashing machines. The 256MB of RAM would be limiting though. (For using P2Pool you essentially need 2GB to run P2Pool and Bitcoind at the same time).
Pages:
Jump to: