Can you mine crypto on PS5 and Xbox?

Owing to the impressive power of next-gen video games consoles, some people wonder if mining cryptocurrency is achievable. So, is it possible to mine crypto on PS5 and Xbox Series X|S? Here’s the need-to-know info regarding PlayStation 5, Xbox Series X, and Series S crypto miners.

Can Xbox Series X and PS5 mine cryptocurrency?

mine crypto on PS5 and Xbox Series X

Theoretically, PS5 and Xbox Series X crypto mining are possible thanks to the power of their internal GPUs. Both are closed systems that would require significant software, and potentially also hardware, modifications to do so that aren’t currently available.

There have been rumors suggesting that the PS5 is capable of mining Ether (ETH) at 99 MH/s, though there’s no hard evidence to support this. Considering that more powerful PC GPU hardware is incapable of reaching that mining power, the rumors are probably inaccurate.

With improbable figures and no proof, it seems safe to say that the PlayStation 5 isn’t capable of mining cryptocurrency. There are more cost-effective ways of mining crypto, so it’s also unlikely that anyone is working on the necessary modifications right now. Furthermore, PS5 consoles are in scarce supply at retail — the added scalping cost makes things even more prohibitive.

There are no widespread reports of modders using Xbox Series X|S hardware to mine crypto at the time of writing. The former is more up to the task, though, once again, there are easier ways of crypto mining. While it’s theoretically possible to alter an Xbox and turn it into a cryptocurrency miner — it could even be easier, thanks to the partially shared Windows PC architecture — there’s no means of doing so at present.

For more on console cryptocurrency crossovers, get the latest on the Xbox Bitcoin (BTC) scam. Elsewhere in gaming, there’s a handy new Pokemon Go exploit for users that prefer staying indoors. Players can also improve their gameplay experience on Nintendo Switch with the third-party PowerA Fusion Pro controller.