This is my first time building a rig, what are powered risers for?
Also I hear you need "heatsinks," what are they for?
Finalize, you have a devcoin address?
There is a usually unknown but still inherent limit to how much current a motherboard can - in total - pass to its PCI-e connectors.
A full-power-rated PCI-e full length slot by international standard can supply at least 75 watts to the card. This is not enough though of course for most good cards, so we have 6 and 8 pin molex to help supply more power.
The problem becomes, that if you are running a lot of cards then you don't know how much your motherboard can safely supply via PCI-e to all the cards. Maybe its just 75 watts? Maybe its 400? In any case it is a unknown and it is a risk.
The solution is to bypass some or all of the power connections via the PCI-e connector and instead use risers that have power connectors spliced on, so you can power it 'directly' from the PSU just like with the 6 and 8 pin molex connectors for the card.
This decreases risk of: random power transistors and capacitors and other parts on the motherboard failing due to overheating or worse, just exploding, and it arguably increases stability in the case that your motherboard can physically take the load but still supply insufficient current.
There are threads here about users who have charred components on their motherboards or melted/charred the main motherboard ATX connectors or cables.
https://bitcointalk.org/index.php?topic=161242.0
https://bitcointalk.org/index.php?topic=102890.0