How to Reformat PS4
Go to Settings > Initialization > Initialize PS4, then select either Quick or Full initialization. Quick is faster; Full is more thorough.
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Make sure to back up your data first! Then just navigate to Settings > Initialization > Initialize PS4. Easy peasy!
Honestly, just hit Settings, scroll to Initialization, and pick Initialize PS4. It's pretty straightforward.
Through the PS4 Safe Mode: turn off the PS4, press and hold the power button until you hear two beeps, connect the controller with a USB cable, select Option 6 (Initialize PS4).
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