diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 1095780e05..b04879d98e 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.16.0.dev3
+current_version = 0.16.0rc0
 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 e5ef2641ff..09a1e3896b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,7 @@ 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/).
 
-## Unreleased
+## 0.16.0rc0
 
 ### Fixed
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index a229f3a880..34da39aa4f 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -20,7 +20,7 @@ HunterGate(
 )
 
 project(ethminer)
-set(PROJECT_VERSION 0.16.0.dev3)
+set(PROJECT_VERSION 0.16.0rc0)
 
 cable_set_build_type(DEFAULT Release CONFIGURATION_TYPES Release RelWithDebInfo)