In reference to that, if one takes into the account the translation as 'bull of minos" then i guess the pronounciation would be (mee-know-taur). I'm just going by what my greek/latin teacher told me and what i have heard in the real world. I don't want to start an argument about it i'm just saying.
I just did a little research online, it seems that the only discrepancy is where you're from. Americans mainly use my pronounciation, and those in the U.K. use yours. No big deal.