After 3 years of no issues my bridge started disconnecting itself from siri(home app) and i would have to reset the device weekly. this week after a reset the device only gets the power on light and now its unable to connect to any network. 

Just like everything now a days this is not made to last. be prepared to to have to buy a new product after warranty expires. In short you don't get what you pay for.

i wouldn't be surprised if Philips pushes firmware updates to brick these "older" devices after a certain amount of time.