It’s not just PS4 crashing. I’m on Ps5, and it does the same after about a half hour if I go exploring. If I stay in my base and don’t lose render, it won’t crash (still looks like trash). But if I start to travel, I got no chance.
And now, reports are popping up of it happening on Xbox and Pc too. Hopefully they can fix it soon! Right now, the game is unplayable.