Same issue daily since I got my M1 Mac Mini last week. It just happened again which is what sent me here. I have the base M1 MM with a 1TB Samsung NVMe M.2 SSD @ 10 Gbps USB-C for external data storage. Tonight I was running Photos (master photo library on the external) when Photos beachballed and froze, the external SSD was rudely ejected followed by a disk ejection warning. I checked the Console and found 2,000+ of these Kernel SMC messages. They are still filling my Console at a rate of about 5 new ones per second, all exactly the same.
I realize this is 1.0 release hardware and 1.01 release MacOS and I'm not prepared to say it will never get better. However I'm hoping this particular problem is addressed by Apple quickly because for the first time in 20+ years of Mac ownership -- I now feel as if I can't trust this one to work reliably for me.