It is hard to say at this range. If a heavy knocking noise that gets louder if you rev up a bit, and it seems to keep time with the engine, you have a failed con-rod (big end) bearing, or less likely, a failed crank main bearing. A lighter knock may be a failed gudgeon pin (small end) bearing. Another possibility is that the engine has eaten a valve or 2.
A blown head gasket can make a noise but it is more like a 'chuff-chuff' sound, like a steam engine.
If the noise has nothing to do with engine revs, look for a loose road wheel or a failed axle bearing, but I doubt it is that.
If you decide it is the engine, the quickest way to investigate is to drain and remove the sump, and look at the big-end bearings. To investigate the valves you could use a borescope, before going to the trouble of removing the cylinder head.
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Could you clarify the question as to what it is doing? Would love to be of assistance.
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