@Osiris 128x128 good to know.
ImDapper, your log shows OBS cannot generate video output fast enough because your GPU is getting slaughtered.
19:39:10.249: Output 'simple_stream': Number of lagged frames due to rendering lag/stalls: 2484 (59.7%)
Many things can be causing this including:
- You are not using the current GPU drivers - go update
- There are other applications running that are GPU intensive - shut them down
- The game you are playing is GPU intensive leaving very little room for OBS to operate - turn OBS preview off, run your browser with streaming admin panel on another computer
- The game settings you are using is too high - tweak them to much lower settings
- Your GPU is too slow to handle both game playing and streaming - you may need a better graphics card
- The number of frames you want to generate is much too high for game playing and streaming - turn FPS down to 30, 45 and test
- The resolution you are targeting is much too high for game playing and streaming - 1280x720 should be fine for your system
I'll leave it there for you to tinker with your computer to fix.