I just made a thread with same problem, I am running 3.0.0.4.266.23. Mine isnt rebooting every few hours tho but did reboot this morning after a week or so uptime. Wasnt even under any load just idle, log shows nothing, one minute normal, next minute rebooting.
If the router regularily reboots itself and you don't have anything special installed (no USB or printer plugged, no Optware, etc...) then try doing a factory default reset, and reconfiguring it from scratch (do not reload saved settings, as this would simply reapply any corrupted setting).
If the problem persists, then you either have a power issue (make sure the power doesn't flicker and cause the router to reboot), or you have a defective unit (which you should get replaced under warranty).
There is no known cause of crashes leading to a reboot in Asuswrt-Merlin or in the original firmware (provided you did disable GRO).
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Asuswrt-Merlin: Customized firmware for Asus routers Github: github.com/RMerl - Twitter: RMerlinDev
See the sticky post for more info.
I have not physically returned it yet, but started an RMA through Amazon.
Just to rule out UPS issues, try plugging it in a wall outlet for a day or two.
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Asuswrt-Merlin: Customized firmware for Asus routers Github: github.com/RMerl - Twitter: RMerlinDev
See the sticky post for more info.