i think you are right , new boards with coils have a buck converter, because i seen ICSP like 6 pin socket on bitmains picture. this means have a microchip pic for voltage controller like s4. another side of pcb must to have 2 or 4 big mosfet + buck controller ic + microchip pic.
edited old msg:
also i am thinking what is 1385+BIN2 label on v2.0 boards. Huh 1385Gh binary v2 Huh if chips have any eeprom we fucked up folks. this means hash count is true. if 1385 not hash number or freq, meaning bm1385, so why labeled 1385 ? all S7's have not bm1385 ??
or maybe this is not bm1385, this is different new chip bm1385+ pffffffffffffffff
Yes could be ICSP connections, did not realise the S4 used a Pic to control the voltage, assumed it had a programmable VRM?
On the 1385+BIN2 that could imply that they are speed / voltage selecting the BM1385 chips and these were from Bin 2?
Final observation
from a much better picture of the chip side of the board is that they have fitted an oscillator to every node on the Board. The S5 originally had a single oscillator, then on the V1.91 they fitted an oscillator for every 4 Nodes on the board (I still suspect this is one of the changes that enabled the S5 to be successfully undervolted), however the board layout actually had provision for an oscillator on every node.
It would be great if the 135 chip boards turn out to have a programmable voltage Buck Controller...
Rich