You can check Minecraft’s server status on websites like DownDetector or visit the official Mojang’s Twitter account to check for further updates on when the servers will return online.

Fix #2: Restart your PC. Restarting your PC is another good way to fix any Minecraft error code.

Why does 'Minecraft' say "waiting on install" instead of just installing? Here's what could be causing the issue and how you can fix it.