I bought 5 of these less than two years ago, though they were the 500 GB model. Every single one of them has failed - some within 45 days and just outside the return period. The last one, which I honestly forgot was still running and thought I'd replaced, failed this morning.
These SSDs are absolute garbage and their warranty replacements are a joke (read: you're outta luck, Chuck). Burn me once, shame on you. Burn me 6 times, well, shame one me for buying them again, I guess. lol. I had one fail prior to this batch, but assumed it was an oddball.
Pro tip: Never buy Silicon Power (SP) SSDs. I you have any in use, make sure you have backups running daily and that you check those backups every so often.
Seems like the 3v3 regulator is what goes out on these, but I'm not going to bother trying to repair it since I've got backups.
At least make sure you have good backups and definitely plan for it to fail (if you can't replace it immediately). These seem to be "when" they fail rather than "if". Of the 6 I had fail, only one gave any warning signs; the rest just disappeared from the bus and never came back.
This is the only brand of SSD where I've experienced a 100% failure rate (I rate my drives over 3-5 year spans). Lol, for comparison, I've got a Kingston one from 2014 and an Intel one from 2015; both are still kicking and in daily use.