techgeek :
With performance mode set, I wouldn't think that should happen. You could try to go into your BIOS and turn off AMD Cool 'n Quiet and see if that eliminates the problem.
It's odd that from your video it looks like your clockspeed stays at 4500MHz even when Vcore drops.
Still couldn't hurt to try turning off Cool 'n Quiet to see it if helps.
This is exactly what I said in his first inquiry, in the Piledriver Mega-thread, but I didn't know the motherboard model at that time. This is 100% VRM throttling in all probability.
Disable the overclock, first. Then, set the multiplier to assign a 3.5Ghz base clock speed. Disable turbo boost. Disable cool and quiet. Change you control panel power profile to performance. Then see if it still does it.
In my experience, the 970 Pro3 is not capable of handling 8 core FX processors. VRM throttling almost always occurs because the power phase and thermals are not up to the task. I'd highly suggest that:
1. You put the stock cooler back on for now, because with liquid cooling you are not getting ANY residual airflow in the area of the VRMs like you would with the stock "top down" cooler than blows down onto the heatsink and motherboard.
2. You get a better motherboard. I always recommend getting one of the following models if you're going to overclock an FX 8 core processor.
Extreme6 (Termed as 990X chipset board on some sites)
Extreme9
Fatal1ty 990FX Professional
Crosshair V Formula-Z
Sabertooth 990FX R2.0
GA-99FXA-UD5
MSI GD80V2
M5A99FX PRO R2.0
GA-99FXA-UD3
MSI GD65V2
990FX Killer
Extreme4
M5A99X EVO (R2.0 as well)
GA-990XA-UD3
990XA-GD55
GA-970A-UD3P
M5A97 or EVO or PRO (R.2 as well)
GA-970A-UD3
970 GAMING
970 Performance
3. Get a high end air cooler OR, get a bigger liquid cooler and plan to have as much case cooling via case fans as you have locations to install fans in. If you use liquid cooling when overclocking FX 8 or 9 series chips, you will be likely to have VRM throttling on even good boards because you eliminate the airflow in the area of the motherboard voltage regulator modules.
Another option is to rig/fabricate a VRM cooling fan, by creating some kind of bracket or mounting system that allows you to install a fan directly over the VRMs to provide cooling so they do not heat up and throttle. If you Google VRM cooling fan modifications you can find a variety of ideas on how to do this. Even with a very good tower cooler, you do not have downward airflow so some amount of VRM throttling can still occur under demanding conditions, but is less prevalent than with a water cooler.
Also, that little 120mm liquid cooler has less cooling capability than any half decent tower cooler. I'd either opt for a 240 or 280mm liquid cooler, or just ditch it altogether and get a decent air cooler. In the meantime, using the stock fan should allow you to at least use the system at it's default settings without having to worry as much about the VRMs overheating.