CONFIG_EARLYFB is not available for thedefaultarchitecture x86.
Result is shown for architecture 64BIT or sparc

Support for early boot text console

modulename: btext.ko

configname: CONFIG_EARLYFB

Linux Kernel Configuration
└─>Processor type and features
└─>Support for early boot text console
In linux kernel since version 2.6.33 (release Date: 2010-02-24)  
Say Y here to enable a faster early framebuffer boot console.

source code:
depends
CONFIG_SPARC64