I had a similar issue with my (other brand) 50amp MOSFET PC. I noticed that air pressure was less of an issue than moisture content. you definitely need dry air, and if running from a smallish compressor, that is usually not the case. Moisture in the air will definiitely chew up (blacken) the eletrode and tip, and caused the cut outs in my case. BTW, instead of just replacing the consumables, I found that they clean up really well by soaking in acid (5% conc of white vinegar) overnight.
Did you visually check the consumables, and also test it on mains power, rather then the generator?
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