The circuit above uses an injection of power supply noise to lower the noise at the output. The theory behind this move is that if both triodes in right side of the circuit see an identical noise signal, identical in voltage and phase, between the their cathodes and grids, then that noise will cancel at the output. The ratio between capacitor values sets the amount of noise injected at the bottom triode's grid. This ratio should equal the ratio of power supply noise present at the top triode's grid. At least that is what should happen with identical triodes that are identically operated. In this circuit, however, the bottom triode's cathode sees an unbypassed resistance, which must be unbypassed to allow the output impedance to be greatly increased, but this has the effect of unbalancing the operation of the two triodes. In other words, we must take into account the loss of transconductance that the unbypassed cathode resistor entails in our calculations. In this example, the bottom triode's transconductance undergoes an 80% decrease.
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