Isn't this chip technically speaking, an ASIC? I don't think it's an FPGA and it's definitely not a CPU or GPU.
And if is an ASIC, then why can it only reach 40 hashes per second? I thought ASICs were supposed to be much faster than this?
Also I found another thread about this chip where someone came up with a figure of 710 hashes per second (still very low however):
https://bitcointalksearch.org/topic/atmel-atsha204-crypto-chip-or-intel-xeon-phi-co-processor-mining-177561
And yes, the chip is an ASIC. It's not a bitcoin ASIC however, it's a very small, very slow ASIC designed to store keys and hash values. Completely different purpose, so it's not useful for Bitcoin mining.