If it's a generic power supply that came with your computer case, then it's definitely possible that it's dying a slow death and causing your other problems.dwharton said:
Aside from the typical whrrr sound coming from an exhaust fan, a power supply should not be making any sounds.
Can you open up the computer and tell us what make, model, specs are for the current power supply? (There should be a label on the side of the power supply.)
Also, what is the make and model of the computer?