Even with having an Xbox Series X, I am having extreme lag spikes that happen every few minutes and completely (visually) freeze the game for 1-3 seconds before returning to normal. This has caused a number of issues that aren’t bugs themselves, but rather side effects of this lag. For example, one noticeable thing that happens when the game freezes is that inputs continue to happen even while the game is visually frozen. Look inputs are continued during these freezes, therefore after the game resumes, I’d be looking behind me. No change was made aside from updating to 1.19.40. Same hardware, same world, and barely any changes have been made within the world. Changes made are insignificant (for example, chopping down trees and storing logs inside chests).

Reproducing: It is unclear as to how this can be reproduced aside from updating a world to 1.19.40. The world I use worked perfectly before my game randomly closed and I was told to update. I did, and now I’m getting this lag spikes/freezes every few minutes. I don't have a world download to share since this is occurring on Xbox.

(File size too large, so here’s a video of me chopping trees. I did this before updating with no problems):

https://drive.google.com/file/d/1lZdvqC1Go8PYfQueczzyfim9ydrikKkU/view?usp=drivesdk