Faulty spec. Outside the computer, eletrical specs are REQUIRED to have generous margins so if things are not precisely in spec you don't have your connectors melt. (This is why you don't have your electrical outlets melt every time you don't carefully make sure the plug is tight, fully inserted, in brand new condition, and then double check all that.).
The wire gauge and metal to metal contact in these connectors and plugs is about half of what would be required if it followed the same rules required for electrical connectors outside the computer. (So, if you had that margin so you had a connector spec'ed for 18 amps a pin instead of like 9... 22 amps would still be out of spec but not by nearly as much so you'd be unlikely to get these meltdowns. That's precisely why most electrical stuff has these margins, to be honest.)