Sony Playstation Network Down Updates on Error Code 8001050F Issue – The PlayStation network has suffered a major ‘PSN error,’ and Sony says it’s trying to address the issue, which has interrupted PlayStation 3 owners’ ability to connect to the PlayStation network.

As of March 1, 2010, The Sony Playstation network on the PS3 Network Still Down. People are thinking of what the possible cause is, It has been around 6-8 hours and the PS3 network is still down. For the Network Status update as of now, it has been stated by thePlaystation Twitter that Difficulty to Connect to the Playstation will be affecting some of the PS3 around. Engineers are working to restore the service right away, they are doing the job as fast as they could.

It seems that a major worldwide firmware bug has affected most PlayStation 3s, preventing the consoles from connecting to the PlayStation Network and in many cases (including our own) not allowing for offline game play. The problem, whatever it is, compromises all PS3 consoles aside from the newer PS3 Slim.

We’ve been keeping an eye on the official PlayStation Twitter feed and blog which claims that Sony has narrowed down the issue, though 12 hours after the bug (error 8001050F) was first reported most systems remain paralyzed. At first it seemed the crisis centralized around trophy support, while other reports laid blame on the console’s internal clock and calendar.

Sony Playstation Twitter already said this message about the PS3 Network Down Update:

“Know that we have narrowed down the issue and have engineers working to restore service even as you read this. We apologize for any inconvenience this may cause you, and genuinely appreciate your patience while we work to resolve this.”

We’ll be updating this post as the situation develops.