The Checkra1n jailbreak was recently updated to feature support for iOS 14.5 and compatibility with Macs sporting the M1 processor. Version 0.12.3 adds these new features, along with a host of bug fixes.
https://www.notebookcheck.net/iOS-14-5-can-now-be-jailbroken-with-Checkra1n-M1-Macs-get-preliminary-support.536569.0.html
Thanks, I immediately updated to 14.5 on this news ;D
Looks like they still haven't fixed the passcode issue for A11 (iPhone 8, 8 Plus, X) devices yet. Bummer.
Hopefully that workaround will come in the next release, but I'm not holding my breath.
I regret the update...I was on IIRC 12.7 and after the update my battery life seems nearly cut in half, with seemingly a bit more lag.
Why even mention the M1? Those iPads come with 14.6