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 200 coins per block and will decrease to 100 coins per block post halving

Next halving at block 4700000
Block number now = 4562592
Blocks until halving = 137408
Block time (average last 12h) = 34.0 seconds

VERGE HALVING in = 54.060 days
ETA date = Mon Jan 25 22:28:56 2021 UTC