diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 20038f4499..7130b012bd 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.16.0
+current_version = 0.16.1rc0
 commit = True
 tag = True
 parse = (?P<major>\d+)\.(?P<minor>\d+)\.(?P<patch>\d+)((?P<prerel>rc|\.dev)(?P<prerelver>\d+))?
diff --git a/CHANGELOG.md b/CHANGELOG.md
index db0456726e..fad4b6b899 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,12 @@ All notable changes to this project will be documented in this file.
 
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
+## 0.16.1rc0
+
+### Fixed
+
+- Display interval correction [#1606](https://github.com/ethereum-mining/ethminer/pull/1606)
+
 ## 0.16.0rc0
 
 ### Fixed
diff --git a/CMakeLists.txt b/CMakeLists.txt
index bb368171d8..60a38870e1 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -20,7 +20,7 @@ HunterGate(
 )
 
 project(ethminer)
-set(PROJECT_VERSION 0.16.0)
+set(PROJECT_VERSION 0.16.1rc0)
 
 cable_set_build_type(DEFAULT Release CONFIGURATION_TYPES Release RelWithDebInfo)