White smoke, if it's from engine oil is oil that's being evaporated but not burnt. It's common if a turbo fails for it to chuck oil into the exhaust manifold where it gets evaporated and makes distinctly white rather than blue smoke, and lots of it. In your case NH it might be a worn out valve guide, or just a valve guide needing replacing, or, a valve guide that's loose in the head.
Another thing that I've seen make amazing amounts of white smoke(from a lawnmomer) was when someone had accidentally put chain-bar oil in the sump by mistake. That thing filled my yard with smoke you could hardly even see through.. And no, I didn't put the oil in it. I figured it was the wrong oil though because it smelt wrong, and when I asked the owner.. They'd just had it serviced at the chainsaw shop.. Haha.. too funny.