Most the time, the wrong BIOS results in bricking the card (it won't work at all). Once in a while, usually with AMD, they can sometimes give access to the full chip, but only if the card in question was a full chip that was sold as a lesser card by changing the BIOS.
There have been cases where people have hacked the BIOS to sell them as GPU's they are not, but the only thing they do is change the name which the BIOS displays, but they do not behave any different. Be weary of this behavior from 3d party sales from China.