diff --git a/src/netbase.cpp b/src/netbase.cpp
--- a/src/netbase.cpp
+++ b/src/netbase.cpp
@@ -180,6 +180,14 @@
     return timeout;
 }
 
+enum class IntrRecvError {
+    OK,
+    Timeout,
+    Disconnected,
+    NetworkError,
+    Interrupted
+};
+
 /**
  * Read bytes from socket. This will either read the full number of bytes
  * requested or return False on error or timeout.
@@ -191,8 +199,8 @@
  *
  * @note This function requires that hSocket is in non-blocking mode.
  */
-static bool InterruptibleRecv(char *data, size_t len, int timeout,
-                              SOCKET &hSocket) {
+static IntrRecvError InterruptibleRecv(char *data, size_t len, int timeout,
+                                       SOCKET &hSocket) {
     int64_t curTime = GetTimeMillis();
     int64_t endTime = curTime + timeout;
     // Maximum time to wait in one select call. It will take up until this time
@@ -206,14 +214,14 @@
             data += ret;
         } else if (ret == 0) {
             // Unexpected disconnection
-            return false;
+            return IntrRecvError::Disconnected;
         } else {
             // Other error or blocking
             int nErr = WSAGetLastError();
             if (nErr == WSAEINPROGRESS || nErr == WSAEWOULDBLOCK ||
                 nErr == WSAEINVAL) {
                 if (!IsSelectableSocket(hSocket)) {
-                    return false;
+                    return IntrRecvError::NetworkError;
                 }
                 struct timeval tval =
                     MillisToTimeval(std::min(endTime - curTime, maxWait));
@@ -222,16 +230,18 @@
                 FD_SET(hSocket, &fdset);
                 int nRet = select(hSocket + 1, &fdset, nullptr, nullptr, &tval);
                 if (nRet == SOCKET_ERROR) {
-                    return false;
+                    return IntrRecvError::NetworkError;
                 }
             } else {
-                return false;
+                return IntrRecvError::NetworkError;
             }
         }
-        if (interruptSocks5Recv) return false;
+        if (interruptSocks5Recv) {
+            return IntrRecvError::Interrupted;
+        }
         curTime = GetTimeMillis();
     }
-    return len == 0;
+    return len == 0 ? IntrRecvError::OK : IntrRecvError::Timeout;
 }
 
 struct ProxyCredentials {
@@ -265,6 +275,7 @@
 /** Connect using SOCKS5 (as described in RFC1928) */
 static bool Socks5(const std::string &strDest, int port,
                    const ProxyCredentials *auth, SOCKET &hSocket) {
+    IntrRecvError recvr;
     LogPrint(BCLog::NET, "SOCKS5 connecting %s\n", strDest);
     if (strDest.size() > 255) {
         CloseSocket(hSocket);
@@ -293,7 +304,8 @@
         return error("Error sending to proxy");
     }
     char pchRet1[2];
-    if (!InterruptibleRecv(pchRet1, 2, SOCKS5_RECV_TIMEOUT, hSocket)) {
+    if ((recvr = InterruptibleRecv(pchRet1, 2, SOCKS5_RECV_TIMEOUT, hSocket)) !=
+        IntrRecvError::OK) {
         CloseSocket(hSocket);
         LogPrintf("Socks5() connect to %s:%d failed: InterruptibleRecv() "
                   "timeout or other failure\n",
@@ -323,7 +335,8 @@
         LogPrint(BCLog::PROXY, "SOCKS5 sending proxy authentication %s:%s\n",
                  auth->username, auth->password);
         char pchRetA[2];
-        if (!InterruptibleRecv(pchRetA, 2, SOCKS5_RECV_TIMEOUT, hSocket)) {
+        if ((recvr = InterruptibleRecv(pchRetA, 2, SOCKS5_RECV_TIMEOUT,
+                                       hSocket)) != IntrRecvError::OK) {
             CloseSocket(hSocket);
             return error("Error reading proxy authentication response");
         }
@@ -359,9 +372,19 @@
         return error("Error sending to proxy");
     }
     char pchRet2[4];
-    if (!InterruptibleRecv(pchRet2, 4, SOCKS5_RECV_TIMEOUT, hSocket)) {
+    if ((recvr = InterruptibleRecv(pchRet2, 4, SOCKS5_RECV_TIMEOUT, hSocket)) !=
+        IntrRecvError::OK) {
         CloseSocket(hSocket);
-        return error("Error reading proxy response");
+        if (recvr == IntrRecvError::Timeout) {
+            /**
+             * If a timeout happens here, this effectively means we timed out
+             * while connecting to the remote node. This is very common for Tor,
+             * so do not print an error message.
+             */
+            return false;
+        } else {
+            return error("Error while reading proxy response");
+        }
     }
     if (pchRet2[0] != 0x05) {
         CloseSocket(hSocket);
@@ -381,19 +404,20 @@
     char pchRet3[256];
     switch (pchRet2[3]) {
         case 0x01:
-            ret = InterruptibleRecv(pchRet3, 4, SOCKS5_RECV_TIMEOUT, hSocket);
+            recvr = InterruptibleRecv(pchRet3, 4, SOCKS5_RECV_TIMEOUT, hSocket);
             break;
         case 0x04:
-            ret = InterruptibleRecv(pchRet3, 16, SOCKS5_RECV_TIMEOUT, hSocket);
+            recvr =
+                InterruptibleRecv(pchRet3, 16, SOCKS5_RECV_TIMEOUT, hSocket);
             break;
         case 0x03: {
-            ret = InterruptibleRecv(pchRet3, 1, SOCKS5_RECV_TIMEOUT, hSocket);
-            if (!ret) {
+            recvr = InterruptibleRecv(pchRet3, 1, SOCKS5_RECV_TIMEOUT, hSocket);
+            if (recvr != IntrRecvError::OK) {
                 CloseSocket(hSocket);
                 return error("Error reading from proxy");
             }
             int nRecv = pchRet3[0];
-            ret =
+            recvr =
                 InterruptibleRecv(pchRet3, nRecv, SOCKS5_RECV_TIMEOUT, hSocket);
             break;
         }
@@ -401,11 +425,12 @@
             CloseSocket(hSocket);
             return error("Error: malformed proxy response");
     }
-    if (!ret) {
+    if (recvr != IntrRecvError::OK) {
         CloseSocket(hSocket);
         return error("Error reading from proxy");
     }
-    if (!InterruptibleRecv(pchRet3, 2, SOCKS5_RECV_TIMEOUT, hSocket)) {
+    if ((recvr = InterruptibleRecv(pchRet3, 2, SOCKS5_RECV_TIMEOUT, hSocket)) !=
+        IntrRecvError::OK) {
         CloseSocket(hSocket);
         return error("Error reading from proxy");
     }