On a mech, there is no chip. The voltage of your battery is the voltage you output. If you abuse your battery to the point of thermal runway in a mech, congratulations! You've made a crude pipe bomb. This can be done by creating a short in the top cap, or building too low of a resistance, or having your mod auto-fire, etc... You need to be aware of quite a few safety precautions before you begin using mech mods. With most regulated mods, there are safety features in place to prevent you from creating a pipe bomb scenario. Whether that's displaying a "LOW ATOMIZER" message on the display, or "ATTY SHORT", or even "CHECK ATOMIZER" -- it can save a LOT of time, and potentially, some physical harm.
Read up on battery safety before you even think of picking up a mechanical mod, whether you're using pre-built coils or building your own.