Question / Help Pixelated stream.

[Totalimus]

My stream: http://www.twitch.tv/totalimus/v/37185611
BizBony's stream (skip to 01:11): http://www.twitch.tv/bizbony/v/36957838
Could somebody explain me why is my stream so pixelated compared to his, although, we have the same hardware (i7-4790k + GTX 960) and same OBS settings? (He sent me his OBS settings).
Here they are: http://imgur.com/a/7QIZe
I am so frustrated. :(

 

[raindeeers]

Doesn't look pixelated at all to me. Also, you're not playing the same game.

 

[Totalimus]

It is the same game. (CS:GO)