Passwords, with the maths shown
Generated from your browser's cryptographic random source. The entropy figure is computed from the character set you actually chose.
Check it yourself: open DevTools → Network and use this page. Nothing you generate or type produces a request, because the page makes none.
Why the entropy number is the whole point
Most generators show you a coloured bar. A bar cannot tell you whether twelve characters is enough, or what you give up by unticking symbols, and it is usually computed from a rule of thumb rather than from the generator's own settings. The honest measure is entropy: the number of possibilities an attacker has to work through, expressed in bits so that each extra bit means twice as many.
Here the figure is derived from the character set in use and the length you asked for, and it changes the instant you change either. Untick symbols and watch it fall; add two characters and watch it recover. That relationship is the actual thing worth understanding about passwords, and a bar hides it.
The uncomfortable part: your password is only half of it
Entropy tells you how hard the password is to guess. How long guessing takes also depends on how the site you are using stored it — and you have no way to know. A 60-bit password behind a properly slow hash like bcrypt or Argon2 is out of reach; the same password behind one round of an old fast hash can fall in hours on rented hardware. This is why length beyond the point of comfort is still worth having: it is the only variable on your side of the fence.
Rejection sampling, and why it matters here
Mapping a random 32-bit number onto a 70-character set with a simple remainder operation very slightly favours the first few characters of the set, because 2³² does not divide evenly by 70. The bias is small, but it means the real entropy is fractionally below the number displayed — and a page whose only product is a number should not print one that is not true. This generator discards and redraws any value that would land in the uneven tail.