The MiscLogEvents table exists so we can see MS Log file errors through the Server Status > Monitoring Tools > Log Event Histogram page.
This article covers MiscLogEvents fairly well.
https://www.ptc.com/en/support/article/CS42494
The content of this table is intended to be temporary, and it is OK if the records are deleted. More will be generated...
So, I would start with cleanup.
https://www.ptc.com/en/support/article/CS178198
- Probably need truncate this table before enabling the schedule; because Database SQL cannot delete 10 million table rows
https://www.ptc.com/en/support/article/CS411345
As DB user:
truncate table MiscLogEvents
Then I would try to understand and correct the cleanup failure. It could be a queues issue or something was blocking the cleanup. Sometimes cleanup starts working just because you truncated the table.