I have a huge list of MD5 hashes, which takes up quite some space. I wonder whether I would achieve (some) compression by encoding the characters (which are A-F 0-9), with Huffman coding. I made a quick script, and seem to notice that almost every character in the strings (A-F 0-9) has the same frequency in the file of hashes.
So my questions is: will hashes always produce strings with an almost equal letter frequency?