Realizing that the SSD inside an M1 Mac is soldered to the motherboard, once it dies (for whatever reason), you’re sunk.
Thus, it behooves M1 Mac owners to preserve the life/value of their M1 Mac as much as possible.
To wit, the first thing to do is to create a USB restore drive, for M1 Big Sur.
Next, is to enable external drive booting and then install a bootable copy of Big Sur to an external hard drive or SSD and use ONLY that drive from then on.
If the external hard drive/SSD dies, the value of your Mac is untouched, because you haven’t been using the internal SSD. How much value do you think your M1 is worth when it can’t be booted, because the internal SSD is fried or most of its usable life is significantly used up? I doubt you could get a few hundred for it, maybe $50 (if internal SSD is dead) Dunno. Is it worth the risk?
Therefore, I think it would be best to compile precise steps to do what I’ve outlined above and live by them.
I know I would...