I'll add to this – experienced the same issues every time I start a new game with 1.9.2. Game starts but no terrain renders with exception of sky and blue everywhere where the ground would be as if it was all ocean. After about 3 seconds, the game terminates back to the main menu screen.
Details are in the crash report the JRE generated. If you'd prefer a core dump file, I can enable if needed. More details about my personal case:
ASUS N56J Laptop
Intel Core i7 - 4710HQ CPU @ 2.50 GHz
Windows 10 Home Version 1511
OS Build: 10586.218
12GB RAM
Nvidia GeForce GTX 850M Version 364.72 (updating to 365.10 to see if any better, just released yesterday)
EDIT: Updating the video driver made only marginal difference – terrain loaded but then froze a few seconds later and the game crashed, along with the video driver. I suspect it may be a video card issue for me.
Attaching actual error log this time.