20 gb ps3 cutts off only on games

Bmac1775

CAGiversary!
I have a 20 gb ps3 that plays blu ray just fine but when I put in a game and play, it cuts off usually about 20min into the game(beeps then i get the flashing red light on the console). Can anyone explain this to me and since I am WAY out of warranty can I fix it myself.
 
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