If you have a cheap power supply the card may not be getting enough power to run. The fact that you had to use converters and use the molex connections gives a clue there that it's either old and getting weak or is cheap and just does not produce nearly the power that it states on the box.
Also do a BIOS update before installing the card, if you have an older PCIe slot revision (1 or 1.1), some newer cards may have issues running on it.