MinHash single vs multiple hash functions

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I'm trying to get familiar with MinHash function, and there are a few things a do not understand:

  1. Why to use multiple hash function version over single hash function alternative? MinHash wiki says - both implementations of MinHash gives the same expected error. But in the same time single hash function is cheaper.
  2. Which hash functions I have to use in both versions of MinHash? Is it acceptable to use "cheaper" hash functions in multi-hash-function version?
  3. Are there any ways to tune accuracy/speed besides increasing amount of hash functions?