The vermi-cement is outside the pipe and has no contact with the exhaust. It's just the moisture in the exhaust condensing. Maybe its not really an extreme amount of moisture but looks like a lot because most or all of it happens to be visible, instead of draining invisibly back to the stove. It happens to be collected where the chimney pipe meets the short section of horizontal stove pipe, and released (into a metal container I put below) drop by drop from the bottom of a seam in an adjustable fitting that created the horizontal.
If I have collected almost a quart in almost a week of burning, maybe that's not an unusual amount of liquid. But there shouldn't be any liquid. There shouldn't be any condensation at all.
Running on low, with the knob set at the very beginning of the white band, the dripping continues until the wood is charred, even with dry pallet and 2X wood. But running on High, there is little or no dripping as the wood is "conditioned," but the cat temperature gets extremely high.
I have a plan for eliminating the short horizontal and the 90 elbow and maintaining the 30 inch vertical rise, and still have the required 6 inch minimum distance of the thermostat box from the wall. It might be good that I tried it this way first, because it made the problem of condensation visible and otherwise it might have gone undetected.
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