SHA256 Encoder in python

hashscript.py

import hashlib
import time

start_time = time.time()
s = input("Input string: ")

for i in range(1000000):
    s = hashlib.sha256(s.encode()).digest().hex()

end_time = time.time()

print(s)

print("Took %s seconds" % (end_time - start_time))

Does the SHA256 hashing a million times and returns the time it required to complete