Hardware failure requires replacement of physical component (e.g., motherboard).
TPM recovery key was not recorded prior to hardware replacement.
Perform the following steps to properly remove the host from the environment (decommission) and then add it back to the environment (commission).
Re-install matching ESX build on failed host and configure appropriately.
To try and avoid the need to perform these steps in the future due to TPM encryption, prior to performing any hardware replacement for a host, please follow the steps in the below linked article to retrieve and store the TPM encryption recovery key.