The rods are dipping into the oil and whipping it into a froth- - - - -you're trying to lubricate with foam instead of liquid. Drain a little oil and get the level back where it belongs before you burn some bearings or do other expensive damage. You're also splashing more oil onto the cylinder walls than the rings can scrape away which is causing the smoke.
Jerry

"It is better to be silent and be thought a fool than to speak and eliminate all doubt!" - Abraham Lincoln
Cringe and wail in fear, Eloi- - - - -we Morlocks are on the hunt!
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. - Ernest Hemingway
Love your enemies and drive 'em nuts!