Received the same error couple of times in my new MacMini M1 (2020), 16GB Memory, 2TB HDD. I was having time machine backup and connected to 2 4K external monitors. Need a fix for this:
panic(cpu 4 caller 0xfffffe0029cb1e58): watchdog timeout: no checkins from watchdogd in 94 seconds (3276 total checkins since monitoring last enabled)
Debugger message: panic
Memory ID: 0x6
OS release type: User
OS version: 20D91
Kernel version: Darwin Kernel Version 20.3.0: Thu Jan 21 00:06:51 PST 2021; root:xnu-7195.81.3~1/RELEASE_ARM64_T8101
Fileset Kernelcache UUID: F78A48EC84D7C3283E7C6C67D00889A7
Kernel UUID: 9FE8C0DA-8ED0-381C-9CEC-2A779F3E1503
iBoot version: iBoot-6723.81.1
secure boot?: YES
Paniclog version: 13
KernelCache slide: 0x000000001f240000
KernelCache base: 0xfffffe0026244000
Kernel slide: 0x000000001fd74000
Kernel text base: 0xfffffe0026d78000
Kernel text exec base: 0xfffffe0026e40000
mach_absolute_time: 0xb7b738d5f6
Epoch Time: sec usec
Boot : 0x605970f8 0x00049775
Sleep : 0x00000000 0x00000000
Wake : 0x00000000 0x00000000
Calendar: 0x6059f15c 0x000a0dd7
CORE 0 recently retired instr at 0xfffffe0026faac0c
CORE 1 recently retired instr at 0xfffffe0026faac0c
CORE 2 recently retired instr at 0xfffffe0026faac0c
CORE 3 recently retired instr at 0xfffffe0026faac0c
CORE 4 recently retired instr at 0xfffffe0026fa9748
CORE 5 recently retired instr at 0xfffffe0026faac10
CORE 6 recently retired instr at 0xfffffe0026faac10
CORE 7 recently retired instr at 0xfffffe0026faac10
Total cpu_usage: 71475154
Thread task pri cpu_usage
0xfffffe002ac08c68 kernel_task 91 4551923
0xfffffe166d544cb0 kernel_task 91 4394301
0xfffffe167146f918 Google Chrome He 31 0
0xfffffe1680651960 Google Chrome He 31 0
0xfffffe166d464658 kernel_task 0 708423
Panicked task 0xfffffe166d1b12a8: 192326 pages, 499 threads: pid 0: kernel_task
Panicked thread: 0xfffffe166d544cb0, backtrace: 0xfffffe3066ff78b0, tid: 1600
lr: 0xfffffe0026e8dfd0 fp: 0xfffffe3066ff7920
lr: 0xfffffe0026e8dd9c fp: 0xfffffe3066ff7990
lr: 0xfffffe0026faff0c fp: 0xfffffe3066ff79b0
lr: 0xfffffe0026fa18b8 fp: 0xfffffe3066ff7a60
lr: 0xfffffe0026e477e8 fp: 0xfffffe3066ff7a70
lr: 0xfffffe0026e8da2c fp: 0xfffffe3066ff7e00
lr: 0xfffffe0026e8da2c fp: 0xfffffe3066ff7e70
lr: 0xfffffe00276286a0 fp: 0xfffffe3066ff7e90
lr: 0xfffffe0029cb1e58 fp: 0xfffffe3066ff7ec0
lr: 0xfffffe0029cb1634 fp: 0xfffffe3066ff7f00
lr: 0xfffffe00282155d0 fp: 0xfffffe3066ff7f20
lr: 0xfffffe0027f9a808 fp: 0xfffffe3066ff7fb0
lr: 0xfffffe0027585694 fp: 0xfffffe3066ff7fc0
lr: 0xfffffe0026fa41bc fp: 0xfffffe3066ff7fe0
lr: 0xfffffe0026e4785c fp: 0xfffffe3066ff7ff0
lr: 0xfffffe0026fa0780 fp: 0xfffffe3ff85bba50
lr: 0xfffffe0026fa0780 fp: 0xfffffe3ff85bba70
lr: 0xfffffe00270b9d40 fp: 0xfffffe3ff85bbac0
lr: 0xfffffe00270bf0e0 fp: 0xfffffe3ff85bbc20
lr: 0xfffffe00270be7a4 fp: 0xfffffe3ff85bbc90
lr: 0xfffffe00270be66c fp: 0xfffffe3ff85bbcb0
lr: 0xfffffe0029beac78 fp: 0xfffffe3ff85bbd20
lr: 0xfffffe0027413d00 fp: 0xfffffe3ff85bbe20
lr: 0xfffffe0026f069c0 fp: 0xfffffe3ff85bbe80
lr: 0xfffffe0026f06864 fp: 0xfffffe3ff85bbe90
lr: 0xfffffe0026f4b0e0 fp: 0xfffffe3ff85bbf00
lr: 0xfffffe0026e50c14 fp: 0x0000000000000000
Kernel Extensions in backtrace:
com.apple.driver.AppleInterruptController(1.0d1)[B5629E50-71D8-3336-9FEB-315F74FD0954]@0xfffffe0027f98000-0xfffffe0027f9bfff
dependency: com.apple.driver.AppleARMPlatform(1.0.2)[53D29C42-BCB1-384D-BE79-DAB9ED503C6C]@0xfffffe0027780000-0xfffffe00277cbfff
com.apple.driver.watchdog(1.0)[03F48A25-3538-340A-B474-4374C1BB349B]@0xfffffe0029cb0000-0xfffffe0029cb3fff
com.apple.driver.AppleS5L8960XWatchDogTimer(1.0)[5390F79D-79C7-36D9-91A6-71E7A28C9661]@0xfffffe0028214000-0xfffffe0028217fff
dependency: com.apple.driver.AppleARMPlatform(1.0.2)[53D29C42-BCB1-384D-BE79-DAB9ED503C6C]@0xfffffe0027780000-0xfffffe00277cbfff
dependency: com.apple.driver.watchdog(1)[03F48A25-3538-340A-B474-4374C1BB349B]@0xfffffe0029cb0000-0xfffffe0029cb3fff
dependency: com.apple.iokit.IOReportFamily(47)[9ADDDDA4-EEC2-3CD1-9B10-6755522844FB]@0xfffffe0029290000-0xfffffe0029293fff
com.apple.filesystems.smbfs(3.4.1)[BED81F26-6A18-34A4-A477-51B1AFF95D32]@0xfffffe0029bcc000-0xfffffe0029c27fff
dependency: com.apple.kec.corecrypto(11.1)[E7263606-770E-3C0F-B5A1-F10042B34365]@0xfffffe0029b14000-0xfffffe0029b5ffff
dependency: com.apple.kext.triggers(1.0)[47F2D40F-1C2E-3C3A-AC5C-4DED90380B6D]@0xfffffe0029c34000-0xfffffe0029c37fff