http://www.google.co.uk/url?sa=t&rct...apXfAxY8W3jEcw


So basically someone creates a digital currency of coins (21million of em)
A miner looks for the reciept of them/their movement(the math code bit) to prove they moved/legit...they then add the code they crac'd of say 000000145bch4dxx blah blah blah to the database (block) of which that block has say 100 other coin codes to find.....
When they find all coins/codes, finally completing a block, keeping the coins safe/system moving........
they then get paid in coins themselves....

that about right in laymans terms?