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 = 4896834
Blocks until halving = 303166
Block time (average last 12 hours) = 34.1 seconds

VERGE HALVING in = 119.747 days
ETA Date = Thu Aug 12 01:57:42 2021 UTC