Blocks Mined refers to the number of blocks that have been successfully mined in the Bitcoin network. Each block contains verified transactions, and miners compete to solve complex puzzles to add a new block to the blockchain. This chart tracks how many blocks have been mined, highlighting the rate at which new blocks are added.

Bitcoin mining difficulty adjusts approximately every two weeks (or every 2,016 blocks) based on the network’s hash rate, ensuring that new blocks are mined roughly every 10 minutes. If more miners join the network, difficulty increases, and if miners leave, difficulty decreases. This process helps maintain a consistent rate of block discovery, making Bitcoin’s supply predictable and steady.

Hash rate is a critical indicator of network security, mining activity, and overall network health.