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 = 4982545
Blocks until halving = 217455
Block time (average last 12 hours) = 34.8 seconds

VERGE HALVING in = 87.698 days
ETA Date = Fri Aug 13 18:16:46 2021 UTC