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Try enabling that and the performance stats overlay in the Link to get a better idea of where the bottleneck is.
Then enable the performance stats overlay in the Link (Settings->Streaming->Advanced Options).
When using the overlay you can expand it and see the name of the encoder and decoder Steam is using.
Heres my stats:
Decoder: marvell hardware decoding
Stream latency: 0.18ms input, 58ms display
Ping time: around .65 to .75ms
Inc bitrate: 850 kbit, video 1424kbit
Outgoing bitrate: 77kbit
Est bandwidth : 75mbps
Packet loss: 0%