Error compiling movie - Render Error - code -1609629695

I tried all the suggested tips and nothing worked for me (sme error code every time). I did a system compatibility check and it passed that.

There was a disparity of one source clip used in the timeline which is 30fps whereas the settings is to 24fps. However there were no drop frames and it kept crashing. I came across another render crash page which helped How to fix issues that cause errors when rendering or exporting (adobe.com)

*** The fix for me was to turn off GPU rendering (which made for painfully slow rendering but worked) ... In the Video Rendering and Playback section, choose Mercury Playback Engine Software Only

Hello, my friend.
I also solved this problem. The solution is as follows.
The reason why this happened to you is that you probably stabilized a clip that has a different FPS than what you have set in the sequence. For example, your RAW clip has 50fps but your timeline has 24fps. When you stabilize, you do get a field count, but one frame disappears. You probably lost one frame somewhere in that clip and then a black spot was created. You need to cut out this ''empty'' frame. After cutting, the error message no longer appears.
That's all. Good luck 🙂

I tried just about everything including deleting out the section causing the error entirely. In the end, the only fix was creating a new Sequence and copying and pasting everything into the new comp.

I have this problem with 2019 and 2020 media encoder in many different projects with Mercury on or off. It is not the media, it is Adobe. This program has become completely unusable. I have two projects under deadlines and neither of htem render, either in or out of Premiere. The whole thing is a giant piece of junk now.

You need to fix whatever is on the timeline at the give time in the error message.

Delete affected section in the timeline and do it again.