If you plug the vid card directly in and it works, then it's not the mobo, power supply, OS or driver. You are only left with how everything is connected with the riser (everything seated correctly). Have you tried just one video card with the riser? Try resetting the mobo to factory and plug in just one video card with the riser. It won't matter if 4g encoding is on or not with one card. The point is to get one working to rule out what you can before complicating it with multiple cards.
Hi, i have a serious issue with my new z270-p board. No slots works with risers, i have tried them with a dozen differrent. All the right settings in bios (4g envoding, gen 1 etc), latest bios and fresh windows 10 install. Gpu-fan is running but cards doesnt show up, tried with 5 different cards (and they do work connected directly in pci-e slot). Any ideas?