First post. I must say in advance thanks to everyone for all the great conversation and help and software so far. It's really helped me get familiar with bitcoins and bitcoin mining.
I have a question about functionality of the Bitcoin network and how mining credits are applied to the correct person.
Assume a person is solo mining. That is, one computer is doing the mining. IT may be running a pool, but that's not relevant for this question. So, lets assume a solo miner generates a few blocks and they get accepted.
When the network approves a block that has been created, how is the credit for the block creation (50 bit coins, soon to be 25) applied to the miner's wallet?
Let's say that a GPU miner, like DiabloMiner is running, and getting its work from Bitcoin-QT. How does Bitcoin-QT, detect the mining credit of 50/25 bitcoins and send it to the correct miner's address?