So I had the exact same issue, I’ve been searching through the forums and discord for about a month trying everything, obviously nothing worked, so I took an extreme route in my opinion and completely switched my OS. I mounted the bazzite Linux distribution to an old m.2 ssd I had, signed into the the client area, downloaded the flatpak package, started the game, created a world and everything was smooth with no issues. So maybe the problem is how the game, gpu, and windows interact with each other at the moment.
stats
CPU: Ryzen 7 5800x
GPU: AMD RX 6800 xt
RAM: 64GB