Question regarding benchmark output

Good evening everybody,

I am looking at some hashcat benchmarks and i noticed that at the crypt function (e.g. md5crypt) it outputs the following

Hashtype: md5crypt, MD5(Unix), FreeBSD MD5, Cisco-IOS MD5

Workload: 1000 loops, 32 accel

Does the workload which is measured in loops have to do with the gpu-loops paramter or it means that we have 1000 ieterations of MD5 algorithm (i.e. MD5(MD5 ..... MD5(string) 1000s MD5s)?


Thank  you very much