There are known clock/timer issues with OpenBSD under KVM due to
what appear to be bugs in KVM.

There is some info in the following thread:
https://marc.info/?l=openbsd-bugs&m=151430928212450&w=2

I'm afraid you are on a wild goose chase.  The behavior you are
seeing is not what you'd see on bare metal or on a different
virtualizatoin platform.

 - todd

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