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 50 coins per block and will decrease to 25 coins per block post halving

Next halving at block 5700000
Block number now = 5353662
Blocks until halving = 346338
Block time (average last 12 hours) = 35.8 seconds

VERGE HALVING in = 143.609 days
ETA Date = Wed Mar 16 20:09:14 2022 UTC