Does Hauppauge HD PVR 2 Gaming Edition Work with PS4?
No. The Hauppauge HD PVR 2 Gaming Edition is incompatible with PS4.
Why
HDCP (High-bandwidth Digital Content Protection): PS4 encrypts all HDMI output. The HD PVR 2 lacks HDCP stripping/decryption (illegal in many jurisdictions).
Input Mismatch: PVR 2 captures via Component (YPbPr) or Composite—PS4 has HDMI only.
Working PS4 Capture Solutions
Elgato Game Capture HD60 S / HD60 X / 4K60 Pro: HDMI pass-through, hardware encoding, official PS4 support (HDCP handled via handshake).
AVerMedia Live Gamer Portable 2 Plus / Live Gamer 4K: Similar, standalone recording option.
Razer Ripsaw HD: Compact, HDMI passthrough.
PS4 Built-in Share: Records 15 min clips / streams to Twitch/YouTube — no hardware needed.
Buy a modern HDMI capture card; the HD PVR 2 is for PS3/Xbox 360/Wii U (component).