Same problem here.
Its a refurbished iPhone 5s 32gb with exactly the same annoying behavior. Most of the time it panics again after first panic reboot.
I do think its a device problem, as it happens more often when iPhone gets warm.
Resetting the device didn't help.
1. Panic:
Incident Identifier: E38F5602-5525-47F1-AE96-A6664B4288C1
CrashReporter Key: xxxxxx
Hardware Model: iPhone6,2
Date/Time: 2014-10-23 15:41:42.138 +0200
OS Version: iOS 8.1 (12B411)
panic(cpu 0 caller 0xffffff800727330c): "ANS Recoverable Panic - GEB detected failure type 0x0000 start page 0x00000000 length 0x00000000 bus 1, buffer at 0x1706588. mfg 98-00-01-38-19-04 psf 0 current psf 0@src/drivers/apple/anc/anc.c:4310 - PreNand(15)"
Debugger message: panic
OS version: 12B411
Kernel version: Darwin Kernel Version 14.0.0: Tue Oct 7 00:04:44 PDT 2014; root:xnu-2783.3.13~4/RELEASE_ARM64_S5L8960X
iBoot version: iBoot-2261.3.32
secure boot?: YES
Paniclog version: 3
Kernel slide: 0x0000000004200000
Kernel text base: 0xffffff8006202000
Epoch Time: sec usec
Boot : 0x54490561 0x00000000
Sleep : 0x00000000 0x00000000
Wake : 0x00000000 0x00000000
Calendar: 0x5449057d 0x0003bf59
Panicked task 0xffffff8087c1fb20: 31223 pages, 171 threads: pid 0: kernel_task
panicked thread: 0xffffff8087dfca00, backtrace: 0xffffff8003d3bb00
lr: 0xffffff80062db408 fp: 0xffffff8003d3bb60
lr: 0xffffff8006220fbc fp: 0xffffff8003d3bbc0
lr: 0xffffff800727330c fp: 0xffffff8003d3bc10
lr: 0xffffff80069e7adc fp: 0xffffff8003d3bc40
lr: 0xffffff80065d013c fp: 0xffffff8003d3bc70
lr: 0xffffff80065d01b8 fp: 0xffffff8003d3bca0
lr: 0xffffff80062d83a0 fp: 0x0000000000000000
... stack traces
And log of panic:
Incident Identifier: BE5095A2-AF71-4934-8B22-39A8AAA1BE0C
CrashReporter Key: xxxxx
Date: 2014-10-23 15:41:41 +0200
Reset count: 1
Boot failure count: 0
Boot faults:
Boot stage: 0
Boot app: 2681261667
2. Panic right after the first one:
Incident Identifier: C5023A11-08C3-45C1-A317-DF4F993EC7EA
CrashReporter Key: xxxxx
Hardware Model: iPhone6,2
Date/Time: 2014-10-23 15:41:01.775 +0200
OS Version: iOS 8.1 (12B411)
panic(cpu 1 caller 0xffffff8016e7330c): "ANS Recoverable Panic - NAND CRC Error@src/drivers/apple/anc/anc_postnand.c:122 - PostNand(16)"
Debugger message: panic
OS version: 12B411
Kernel version: Darwin Kernel Version 14.0.0: Tue Oct 7 00:04:44 PDT 2014; root:xnu-2783.3.13~4/RELEASE_ARM64_S5L8960X
iBoot version: iBoot-2261.3.32
secure boot?: YES
Paniclog version: 3
Kernel slide: 0x0000000013e00000
Kernel text base: 0xffffff8015e02000
Epoch Time: sec usec
Boot : 0x5449054e 0x00000000
Sleep : 0x00000000 0x00000000
Wake : 0x00000000 0x00000000
Calendar: 0x54490555 0x000183fb
Panicked task 0xffffff809781fb20: 14988 pages, 163 threads: pid 0: kernel_task
panicked thread: 0xffffff80979e67a0, backtrace: 0xffffff8009213b00
lr: 0xffffff8015edb408 fp: 0xffffff8009213b60
lr: 0xffffff8015e20fbc fp: 0xffffff8009213bc0
lr: 0xffffff8016e7330c fp: 0xffffff8009213c10
lr: 0xffffff80165e7adc fp: 0xffffff8009213c40
lr: 0xffffff80161d013c fp: 0xffffff8009213c70
lr: 0xffffff80161d01b8 fp: 0xffffff8009213ca0
lr: 0xffffff8015ed83a0 fp: 0x0000000000000000
.. stack traces
And log of panic:
Incident Identifier: 6322F436-C73E-4007-910B-E4E077B97979
CrashReporter Key: xxxxxx
Date: 2014-10-23 15:41:01 +0200
Reset count: 2
Boot failure count: 1
Boot faults:
Boot stage: 0
Boot app: 2681261667