The risk is then burning out some pins on the ATX connector. If you have the extra power @ the slots, you're in the clear.
Well ok. But the motherboard clearly says it is capable of 4x gfx cards and the psu (1200w) have like 10 x pcie power cables ??! I dont get what powered risers does rly...Can someone explain a bit deeper?
A graphics card takes power from the on card power connectors for the GPU. It takes power for the on-board video RAM from the PCI-E bus connection.
That is fine for games and for Bitcoin mining but not so good for Litecoin and other scrypt based alt-coins. Scrypt mining hits the graphics card RAM with a much higher load than gaming or Bitcoin mining. Without powered risers, you will be drawing more current from the motherboard than would be the case for most uses of graphics cards. That is when you can get into trouble if you do not have powered risers.