> Except there is no such thing (not in the sense you need it)
???
Okay, lets choose the simplest hash function of them all: a 1-bit XOR (resulting in a 1-bit "hash").
Lets say I flip the 75% biased coin 100 times, count heads as 1 and tails as 0. I XOR all the results together. What's the probability of XOR(all) == 1, and what's the probability that XOR(all) == 0?
You'll find that its quite close to 50/50, which is the limit to the amount of entropy you can pull from a 1-bit hash function.
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Now lets see for smaller values:
1 flip: 75% chance of 1, 25% of 0. Which is the limit of information so far.
2 flips: ... you know what? Imma write a program and get back to ya a bit later. I probably will edit my post.
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2 flips: 62% chance of Parity0
3 flips: 43% chance of Parity0
4 flips: 53% chance of Parity0
Etc. etc. etc.
By 16 flips, its 49.9985% chance of Parity0, pretty close to unbiased. It gets pretty hard to distinguish this coin from an unbiased one.
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I'm not sure if you need a cryptographic hash actually. Its just that cryptographic hashes are close enough to random that its easier to use.
Now I'm curious if a CRC32 would efficiently extract 16-bits of entropy from biased coins. CRC32 is clearly not a cryptographic hash, but its pretty good as an "avalanche" due to the nature of GF-arithmetic.