Ahh, thanks. It did not occur to me to google a blockchain address... I guess that answers my question.

Hi all,

New to BTC and trying to learn fast. Whilst studying the live blockchain transactions on Blockchain.info, I noticed 1 address with a significant number of newly generated coins.

https://blockchain.info/address/1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9 for example has at least 10 awards of 25 BTC each since the beggining of February alone - i.e. at prevailing rates the best part of a quarter of a million dollars worth of newly generated coins in just a few days.

Am I to understand that this will be an address for one of the larger Bitcoin mining pools? I presume that all the newly generated coins are awarded to the main pool address, and then shared out amongst the miners?

I must admit I am surprised that even a large pool manages to be awarded so many new coins - seemingly around 3 batches per day.

Just trying to get my head around it all

Thanks
Alasala