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noun: 1: Play on words between ferrite and pyramid scheme. Refers to a group buy for a type of custom-made, massive UU ferrite power cores intended for use in a high voltage 20kw power supply. This offer was created by one hobbyist. The price of this ferramid (OG / True Ferramid) goes down with increasing quantity, hence the pyramid scheme

history: Shortly after its arrival, many have tried to copy the True Ferramid despite having fuckall in either money or knowledge. Notable attempts include: chinamid, germanmid, metglasmid, 50ALLamid, the Amazon mini core ferrarray combo breaker, and the airmid, who all came from different sources and have different properties. As of December 3rd, two main ferramid contenders for another group purchase were produced: the TSC CRAZYHORSE ferramid (8kw) and the Ferroxcube 3C90 ferramid (8kw). The Ferroxcube variant won, because the TSC ferrite was a dirty fucking scam, fuck you TSC, and probably some other reasons too

2: can refer to any epically large ferrite core that you and your inexperienced zoomer eyes are amazed by

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