CONFIG_ETRAX_NO_PHY is not available for thedefaultarchitecture x86.
Result is shown for architecture cris
default or selected kernelversion does not have config value CONFIG_ETRAX_NO_PHY.
Result is shown for kernelversion 6.7-rc3

PHY not present


Linux Kernel Configuration
└─>PHY not present
In linux kernel since version 2.6.25 (release Date: 2008-04-16)  
This option disables all MDIO communication with an ethernet
transceiver connected to the MII interface. This option shall
typically be enabled if the MII interface is connected to a
switch. This option should normally be disabled. If enabled,
speed and duplex will be locked to 100 Mbit and full duplex.