Miners are rewarded a certain amount of Verge coins whenever a block is produced (approximately every 34 seconds)
As of now, the block reward is 100 coins per block and will decrease to 50 coins per block post halving

Next halving at block 5200000
Block number now = 5052380
Blocks until halving = 147620
Block time (average last 12 hours) = 35.9 seconds

VERGE HALVING in = 61.360 days
ETA Date = Sun Aug 15 15:40:38 2021 UTC