I've changed to comp-lzo on both, but the same result
log with verbose 4
Wed Jul 01 16:29:14 2015 pkcs11_protected_authentication = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_protected_authentication = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_protected_authentication = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_protected_authentication = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_private_mode = 00000000
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_cert_private = DISABLED
Wed Jul 01 16:29:14 2015 pkcs11_pin_cache_period = -1
Wed Jul 01 16:29:14 2015 pkcs11_id = '[UNDEF]'
Wed Jul 01 16:29:14 2015 pkcs11_id_management = DISABLED
Wed Jul 01 16:29:14 2015 server_network = 0.0.0.0
Wed Jul 01 16:29:14 2015 server_netmask = 0.0.0.0
Wed Jul 01 16:29:14 2015 server_network_ipv6 = ::
Wed Jul 01 16:29:14 2015 server_netbits_ipv6 = 0
Wed Jul 01 16:29:14 2015 server_bridge_ip = 0.0.0.0
Wed Jul 01 16:29:14 2015 server_bridge_netmask = 0.0.0.0
Wed Jul 01 16:29:14 2015 server_bridge_pool_start = 0.0.0.0
Wed Jul 01 16:29:14 2015 server_bridge_pool_end = 0.0.0.0
Wed Jul 01 16:29:14 2015 ifconfig_pool_defined = DISABLED
Wed Jul 01 16:29:14 2015 ifconfig_pool_start = 0.0.0.0
Wed Jul 01 16:29:14 2015 ifconfig_pool_end = 0.0.0.0
Wed Jul 01 16:29:14 2015 ifconfig_pool_netmask = 0.0.0.0
Wed Jul 01 16:29:14 2015 ifconfig_pool_persist_filename = '[UNDEF]'
Wed Jul 01 16:29:14 2015 ifconfig_pool_persist_refresh_freq = 600
Wed Jul 01 16:29:14 2015 ifconfig_ipv6_pool_defined = DISABLED
Wed Jul 01 16:29:14 2015 ifconfig_ipv6_pool_base = ::
Wed Jul 01 16:29:14 2015 ifconfig_ipv6_pool_netbits = 0
Wed Jul 01 16:29:14 2015 n_bcast_buf = 256
Wed Jul 01 16:29:14 2015 tcp_queue_limit = 64
Wed Jul 01 16:29:14 2015 real_hash_size = 256
Wed Jul 01 16:29:14 2015 virtual_hash_size = 256
Wed Jul 01 16:29:14 2015 client_connect_script = '[UNDEF]'
Wed Jul 01 16:29:14 2015 learn_address_script = '[UNDEF]'
Wed Jul 01 16:29:14 2015 client_disconnect_script = '[UNDEF]'
Wed Jul 01 16:29:14 2015 client_config_dir = '[UNDEF]'
Wed Jul 01 16:29:14 2015 ccd_exclusive = DISABLED
Wed Jul 01 16:29:14 2015 tmp_dir = 'C:\Users\ALEKSA~1\AppData\Local\Temp\'
Wed Jul 01 16:29:14 2015 push_ifconfig_defined = DISABLED
Wed Jul 01 16:29:14 2015 push_ifconfig_local = 0.0.0.0
Wed Jul 01 16:29:14 2015 push_ifconfig_remote_netmask = 0.0.0.0
Wed Jul 01 16:29:14 2015 push_ifconfig_ipv6_defined = DISABLED
Wed Jul 01 16:29:14 2015 push_ifconfig_ipv6_local = ::/0
Wed Jul 01 16:29:14 2015 push_ifconfig_ipv6_remote = ::
Wed Jul 01 16:29:14 2015 enable_c2c = DISABLED
Wed Jul 01 16:29:14 2015 duplicate_cn = DISABLED
Wed Jul 01 16:29:14 2015 cf_max = 0
Wed Jul 01 16:29:14 2015 cf_per = 0
Wed Jul 01 16:29:14 2015 max_clients = 1024
Wed Jul 01 16:29:14 2015 max_routes_per_client = 256
Wed Jul 01 16:29:14 2015 auth_user_pass_verify_script = '[UNDEF]'
Wed Jul 01 16:29:14 2015 auth_user_pass_verify_script_via_file = DISABLED
Wed Jul 01 16:29:14 2015 client = ENABLED
Wed Jul 01 16:29:14 2015 pull = ENABLED
Wed Jul 01 16:29:14 2015 auth_user_pass_file = '[UNDEF]'
Wed Jul 01 16:29:14 2015 show_net_up = DISABLED
Wed Jul 01 16:29:14 2015 route_method = 0
Wed Jul 01 16:29:14 2015 ip_win32_defined = DISABLED
Wed Jul 01 16:29:14 2015 ip_win32_type = 3
Wed Jul 01 16:29:14 2015 dhcp_masq_offset = 0
Wed Jul 01 16:29:14 2015 dhcp_lease_time = 31536000
Wed Jul 01 16:29:14 2015 tap_sleep = 0
Wed Jul 01 16:29:14 2015 dhcp_options = DISABLED
Wed Jul 01 16:29:14 2015 dhcp_renew = DISABLED
Wed Jul 01 16:29:14 2015 dhcp_pre_release = DISABLED
Wed Jul 01 16:29:14 2015 dhcp_release = DISABLED
Wed Jul 01 16:29:14 2015 domain = '[UNDEF]'
Wed Jul 01 16:29:14 2015 netbios_scope = '[UNDEF]'
Wed Jul 01 16:29:14 2015 netbios_node_type = 0
Wed Jul 01 16:29:14 2015 disable_nbt = DISABLED
Wed Jul 01 16:29:14 2015 OpenVPN 2.3.7 x86_64-w64-mingw32 [SSL (OpenSSL)] [LZO] [PKCS11] [IPv6] built on Jun 8 2015
Wed Jul 01 16:29:14 2015 library versions: OpenSSL 1.0.1m 19 Mar 2015, LZO 2.08
Wed Jul 01 16:29:14 2015 MANAGEMENT: TCP Socket listening on [AF_INET]127.0.0.1:25340
Wed Jul 01 16:29:14 2015 Need hold release from management interface, waiting...
Wed Jul 01 16:29:14 2015 MANAGEMENT: Client connected from [AF_INET]127.0.0.1:25340
Wed Jul 01 16:29:14 2015 MANAGEMENT: CMD 'state on'
Wed Jul 01 16:29:14 2015 MANAGEMENT: CMD 'log all on'
Wed Jul 01 16:29:15 2015 MANAGEMENT: CMD 'hold off'
Wed Jul 01 16:29:15 2015 MANAGEMENT: CMD 'hold release'
Wed Jul 01 16:29:15 2015 WARNING: No server certificate verification method has been enabled. See http://openvpn.net/howto.html#mitm for more info.
Wed Jul 01 16:29:18 2015 MANAGEMENT: CMD 'password [...]'
Wed Jul 01 16:29:18 2015 LZO compression initialized
Wed Jul 01 16:29:18 2015 Control Channel MTU parms [ L:1544 D:140 EF:40 EB:0 ET:0 EL:3 ]
Wed Jul 01 16:29:18 2015 Socket Buffers: R=[8192->8192] S=[8192->8192]
Wed Jul 01 16:29:18 2015 Data Channel MTU parms [ L:1544 D:1450 EF:44 EB:143 ET:0 EL:3 AF:3/1 ]
Wed Jul 01 16:29:18 2015 Local Options String: 'V4,dev-type tun,link-mtu 1544,tun-mtu 1500,proto TCPv4_CLIENT,comp-lzo,cipher BF-CBC,auth SHA1,keysize 128,key-method 2,tls-client'
Wed Jul 01 16:29:18 2015 Expected Remote Options String: 'V4,dev-type tun,link-mtu 1544,tun-mtu 1500,proto TCPv4_SERVER,comp-lzo,cipher BF-CBC,auth SHA1,keysize 128,key-method 2,tls-server'
Wed Jul 01 16:29:18 2015 Local Options hash (VER=V4): '69109d17'
Wed Jul 01 16:29:18 2015 Expected Remote Options hash (VER=V4): 'c0103fa8'
Wed Jul 01 16:29:18 2015 Attempting to establish TCP connection with [AF_INET]172.16.0.3:8080 [nonblock]
Wed Jul 01 16:29:18 2015 MANAGEMENT: >STATE:1435760958,TCP_CONNECT,,,
Wed Jul 01 16:29:19 2015 TCP connection established with [AF_INET]172.16.0.3:8080
Wed Jul 01 16:29:19 2015 Send to HTTP proxy: 'CONNECT 91.150.92.169:443 HTTP/1.0'
Wed Jul 01 16:29:19 2015 HTTP proxy returned: 'HTTP/1.1 200 Connection established'
Wed Jul 01 16:29:21 2015 TCPv4_CLIENT link local: [undef]
Wed Jul 01 16:29:21 2015 TCPv4_CLIENT link remote: [AF_INET]172.16.0.3:8080
Wed Jul 01 16:29:21 2015 MANAGEMENT: >STATE:1435760961,WAIT,,,
Wed Jul 01 16:29:21 2015 MANAGEMENT: >STATE:1435760961,AUTH,,,
Wed Jul 01 16:29:21 2015 TLS: Initial packet from [AF_INET]172.16.0.3:8080, sid=de23d6d7 342492a4
Wed Jul 01 16:29:21 2015 VERIFY OK: depth=1, C=US, ST=CA, L=SanFrancisco, O=Fort-Funston, OU=changeme, CN=changeme, name=changeme, emailAddress=mail@host.domain
Wed Jul 01 16:29:21 2015 VERIFY OK: depth=0, C=US, ST=CA, L=SanFrancisco, O=Fort-Funston, OU=changeme, CN=server, name=changeme, emailAddress=mail@host.domain
Wed Jul 01 16:29:21 2015 Data Channel Encrypt: Cipher 'BF-CBC' initialized with 128 bit key
Wed Jul 01 16:29:21 2015 Data Channel Encrypt: Using 160 bit message hash 'SHA1' for HMAC authentication
Wed Jul 01 16:29:21 2015 Data Channel Decrypt: Cipher 'BF-CBC' initialized with 128 bit key
Wed Jul 01 16:29:21 2015 Data Channel Decrypt: Using 160 bit message hash 'SHA1' for HMAC authentication
Wed Jul 01 16:29:21 2015 Control Channel: TLSv1, cipher TLSv1/SSLv3 DHE-RSA-AES256-SHA, 1024 bit RSA
Wed Jul 01 16:29:21 2015 [server] Peer Connection Initiated with [AF_INET]172.16.0.3:8080
Wed Jul 01 16:29:22 2015 MANAGEMENT: >STATE:1435760962,GET_CONFIG,,,
Wed Jul 01 16:29:23 2015 SENT CONTROL [server]: 'PUSH_REQUEST' (status=1)
Wed Jul 01 16:29:23 2015 PUSH: Received control message: 'PUSH_REPLY,redirect-gateway def1,dhcp-option DNS 212.200.190.166,route 10.8.0.1,topology net30,ping 10,ping-restart 120,ifconfig 10.8.0.6 10.8.0.5'
Wed Jul 01 16:29:23 2015 OPTIONS IMPORT: timers and/or timeouts modified
Wed Jul 01 16:29:23 2015 OPTIONS IMPORT: --ifconfig/up options modified
Wed Jul 01 16:29:23 2015 OPTIONS IMPORT: route options modified
Wed Jul 01 16:29:23 2015 OPTIONS IMPORT: --ip-win32 and/or --dhcp-option options modified
Wed Jul 01 16:29:23 2015 do_ifconfig, tt->ipv6=0, tt->did_ifconfig_ipv6_setup=0
Wed Jul 01 16:29:23 2015 MANAGEMENT: >STATE:1435760963,ASSIGN_IP,,10.8.0.6,
Wed Jul 01 16:29:23 2015 open_tun, tt->ipv6=0
Wed Jul 01 16:29:23 2015 TAP-WIN32 device [VPN] opened: \\.\Global\{98DDDDAD-EE50-4C65-95BB-FB024839E680}.tap
Wed Jul 01 16:29:23 2015 TAP-Windows Driver Version 9.21
Wed Jul 01 16:29:23 2015 TAP-Windows MTU=1500
Wed Jul 01 16:29:23 2015 Notified TAP-Windows driver to set a DHCP IP/netmask of 10.8.0.6/255.255.255.252 on interface {98DDDDAD-EE50-4C65-95BB-FB024839E680} [DHCP-serv: 10.8.0.5, lease-time: 31536000]
Wed Jul 01 16:29:23 2015 DHCP option string: 0604d4c8 bea6
Wed Jul 01 16:29:23 2015 Successful ARP Flush on interface [18] {98DDDDAD-EE50-4C65-95BB-FB024839E680}
Wed Jul 01 16:29:28 2015 TEST ROUTES: 2/2 succeeded len=1 ret=1 a=0 u/d=up
Wed Jul 01 16:29:28 2015 C:\Windows\system32\route.exe ADD 172.16.0.3 MASK 255.255.255.255 172.16.0.1 IF 12
Wed Jul 01 16:29:28 2015 ROUTE: CreateIpForwardEntry succeeded with dwForwardMetric1=20 and dwForwardType=4
Wed Jul 01 16:29:28 2015 Route addition via IPAPI succeeded [adaptive]
Wed Jul 01 16:29:28 2015 C:\Windows\system32\route.exe ADD 0.0.0.0 MASK 128.0.0.0 10.8.0.5
Wed Jul 01 16:29:28 2015 ROUTE: CreateIpForwardEntry succeeded with dwForwardMetric1=20 and dwForwardType=4
Wed Jul 01 16:29:28 2015 Route addition via IPAPI succeeded [adaptive]
Wed Jul 01 16:29:28 2015 C:\Windows\system32\route.exe ADD 128.0.0.0 MASK 128.0.0.0 10.8.0.5
Wed Jul 01 16:29:28 2015 ROUTE: CreateIpForwardEntry succeeded with dwForwardMetric1=20 and dwForwardType=4
Wed Jul 01 16:29:28 2015 Route addition via IPAPI succeeded [adaptive]
Wed Jul 01 16:29:28 2015 MANAGEMENT: >STATE:1435760968,ADD_ROUTES,,,
Wed Jul 01 16:29:28 2015 C:\Windows\system32\route.exe ADD 10.8.0.1 MASK 255.255.255.255 10.8.0.5
Wed Jul 01 16:29:28 2015 ROUTE: CreateIpForwardEntry succeeded with dwForwardMetric1=20 and dwForwardType=4
Wed Jul 01 16:29:28 2015 Route addition via IPAPI succeeded [adaptive]
Wed Jul 01 16:29:28 2015 Initialization Sequence Completed
Wed Jul 01 16:29:28 2015 MANAGEMENT: >STATE:1435760968,CONNECTED,SUCCESS,10.8.0.6,172.16.0.3
Wed Jul 01 16:29:49 2015 read TCPv4_CLIENT: Connection timed out (WSAETIMEDOUT) (code=10060)
Wed Jul 01 16:29:49 2015 Connection reset, restarting [-1]
Wed Jul 01 16:29:49 2015 TCP/UDP: Closing socket
Wed Jul 01 16:29:49 2015 SIGUSR1[soft,connection-reset] received, process restarting
Wed Jul 01 16:29:49 2015 MANAGEMENT: >STATE:1435760989,RECONNECTING,connection-reset,,
Wed Jul 01 16:29:49 2015 Restart pause, 5 second(s)
Wed Jul 01 16:29:54 2015 WARNING: No server certificate verification method has been enabled. See http://openvpn.net/howto.html#mitm for more info.
Wed Jul 01 16:29:54 2015 Re-using SSL/TLS context
Wed Jul 01 16:29:54 2015 LZO compression initialized
Wed Jul 01 16:29:54 2015 Control Channel MTU parms [ L:1544 D:140 EF:40 EB:0 ET:0 EL:3 ]
Wed Jul 01 16:29:54 2015 Socket Buffers: R=[8192->8192] S=[8192->8192]
Wed Jul 01 16:29:54 2015 Data Channel MTU parms [ L:1544 D:1450 EF:44 EB:143 ET:0 EL:3 AF:3/1 ]
Wed Jul 01 16:29:54 2015 Local Options String: 'V4,dev-type tun,link-mtu 1544,tun-mtu 1500,proto TCPv4_CLIENT,comp-lzo,cipher BF-CBC,auth SHA1,keysize 128,key-method 2,tls-client'
Wed Jul 01 16:29:54 2015 Expected Remote Options String: 'V4,dev-type tun,link-mtu 1544,tun-mtu 1500,proto TCPv4_SERVER,comp-lzo,cipher BF-CBC,auth SHA1,keysize 128,key-method 2,tls-server'
Wed Jul 01 16:29:54 2015 Local Options hash (VER=V4): '69109d17'
Wed Jul 01 16:29:54 2015 Expected Remote Options hash (VER=V4): 'c0103fa8'
Wed Jul 01 16:29:54 2015 Attempting to establish TCP connection with [AF_INET]172.16.0.3:8080 [nonblock]
Wed Jul 01 16:29:54 2015 MANAGEMENT: >STATE:1435760994,TCP_CONNECT,,,
Wed Jul 01 16:30:04 2015 TCP: connect to [AF_INET]172.16.0.3:8080 failed, will try again in 5 seconds: The system tried to join a drive to a directory on a joined drive.
Wed Jul 01 16:30:09 2015 MANAGEMENT: >STATE:1435761009,TCP_CONNECT,,,
Wed Jul 01 16:30:19 2015 TCP: connect to [AF_INET]172.16.0.3:8080 failed, will try again in 5 seconds: The system tried to join a drive to a directory on a joined drive.
Wed Jul 01 16:30:24 2015 MANAGEMENT: >STATE:1435761024,TCP_CONNECT,,,