Mining is the process by which new RVN is minted into circulation.
As a reward for running RVN's Proof-of-Work Kapow Algorithm: UMG is rewarded with tokens. These tokens UMG can sell to interested parties or create new assets with. This is upon the successful completion of a block chain.
RVN Token will experience the first halving event mid-January 2022. Historically halving events lead to rising value in the token.