From what I understand that means going for an M2 NVME ("M key"?) SSD, with reported speeds that are about 10x higher than the others.

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Alternatively I could get a more normal consumer solution of an external ssd. The m2 drive is way way faster - but my hunch is that is only directly plugged into a motherboard.

NVMe is also known as Non-Volatile Memory Express or the Non-Volatile Memory Host Controller Interface Specification. The idea behind NVMe is to improve the storage stack by optimizing the way an ...

The Satechi Stand & Hub for Mac mini with NVMe SSD Enclosure offers an inexpensive fix to two of the Mac mini’s limitations: no front-facing ports and fixed, non-upgradeable internal storage.

For those looking for a budget-friendly option for that PCIe Gen 4 M2 SSD upgrade, Silicon Power has got you covered with the new UD85.