Going forward, we're going to ask emulator runners using Project64 to use Counter Factor 1 on their ROM settings. This has been the de facto standard for as long as people have been speedrunning the game on emulator and won't require any change for the vast majority of people.

Counter Factor 2 emulates N64 lag (poorly), thus putting you at a disadvantage to other runners on the same leaderboard. It also causes unnecessary issues for moderators determining whether someone is using a legal, properly configured emulator.

If you are unsure how to set up Counter Factor 1, please consult the EMU setup guide (you should do this anyways): https://wermi.neocities.org/emuguide/basic_config/