I started a new job four months ago when my previous startup got acquired. I joined this company thinking that the company will have similar startup culture.
After four months of job I find the work pace is too slow for working style. I have much reduced responsibilities with little workload but better pay. On a typical workday, I hardly work for more than 2 hours. Rest of the time I wait for inputs from colleagues. I work much faster and efficiently than others in the company because I have wider and deeper experience to solve problems faster. A colleague once commented that because I finish tasks faster it puts pressure on him to take it live soon.
I talked to my boss to give something else to do meanwhile. He redirected me to another colleague, but I again same issue. I'm waiting for the colleague to give me something to do.
I find the job too boring and thought I will do something on my own, but I don't have permission to install any new softwares on my system. I can't read many technical blogs as most of them are blocked here and request to open them are rarely addressed.
I don't want to look for a new job, since in 6 years of work experience this is my 5th company. What else can I do to utilize the free time?
-----EDIT-----
Some clarification based on the responses below.
1: As Aymor said, I might be overqualified for this position. My title here is 'Sr. Technical Lead'. The HR clarified during the interview that, there will be no lead role in the job and I'll be an individual contributor. I was fine with that as I wanted to quit old job ASAP because of uncertainties after acquisition.
2: Suggestions like bringing my own laptop will not work as company have strict IT policies because of compliance requirements. Company deals with preloaded gift cards and have to deal restrictions by the Central Bank.
3: 5 jobs in 6 years mostly because companies I have worked either shutdown because of lack of funding or got acquired by other companies, except the first one. I have worked mostly in startups only. Changing jobs don't have anything to do what I'm experiencing now.
4: I tried making myself useful as suggested by Sigal, by suggesting different things. My suggestions were not welcomed with so much enthusiasm. It is partially because I'm new to company and my boss may not trust my advises so much compared to other old timers in the company. That is fine for me. I will wait till I earn the trust.