Using one headset for PS4 and PC

[potaterman]

Hello,
I have Logitech G430 headset. It has two 3.5 mm jacks, one for headset and one for mic, however it also comes with a USB adapter.
What I want to do is to connect this headset to PC and PS4 at the same time. I would like to use both the mic and the headphones on both devices if possible, but mic only on one of them is also an option.
So what are my options? I know some video game streamers do this but I don't know how.
Do I use an external mixer or anything like that?
Thanks

 

[vlxedits]

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i3-4170 3.7GHz Dual-Core Processor ($109.99 @ Newegg)
Motherboard: MSI H81M-P33 Micro ATX LGA1150 Motherboard ($42.89 @ OutletPC)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($48.89 @ OutletPC)
Video Card: MSI GeForce GTX 960 2GB Video Card ($189.99 @ SuperBiiz)
Case: NZXT Source 210 (Black) ATX Mid Tower Case ($34.99 @ SuperBiiz)
Power Supply: EVGA 500W 80+ Certified ATX Power Supply ($38.99 @ NCIX US)
Operating System: Microsoft Windows 8.1 OEM (64-bit) ($88.88 @ NCIX US)
Other: PNY Ram 2x4 gb http://www.newegg.com/Product/Product.aspx?Item=N82E16820178909 ($38.69)
Total: $593.31
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2015-07-25 18:12 EDT-0400

Great budget built. The i3 paired with the gtx 960 will rock any game you want to play even at a low price. ( Just a note the ram wasnt on the pcpartpicker database so I had to link it manually. Its a special deal which is only $38 for 2x4gigs of ram that's pretty amazing)