Hello. It’s hard to say. It could be a bad hard drive issue. It can also be a bad component on the board. It could be a cpu problem maybe.
Honestly,it’s not something I can really answer. If you use a multimeter,you could test components.
Did anything happen recently? Has it frozen in the middle of games or anything? Anything that would have signified this would happen?
if the ps os is corrupt,it can cause this issue.
It it can be a bad component.
Bad cpu
bad ic(control chip).
honestly,if you can test this stuff,great. But time wise,it may be more efficient to get a ps3 off of eBay or at GameStop. They can be found for less than $80.
I did find this link for you. I’d give it a try. Very often,file corruptions can cause problems. It’s hard to say though.
ALSO!!!! Try to open it and remove the hard drive,then try to boot. See if it powers on and says there’s no hard drive inserted. Please tell me if this works.
Good luck. Reply if you wish! I’d like to help as much as I can. But nobody can really tell you what’s wrong for sure…