evad3rs released the evasi0n7 1.0.3 to fix the reboot loop issue that was on with the Retina iPad mini users.

Presently the evasi0n7 brings some support for the iOS 7.1 beta 3, which was seeded for developers a few days back by Apple and which also includes the latest version of the Cydia bundle, which has to ensure that the latest version of the Cydia is installed when the users jailbreak their device.
Accordingly many number of iPad Retina Users have reported that their device was stuck on track of an endless reboot loop, which forced their device in recovery mode in restoring the device.
People already running evasi0n7 1.0.2 on their devices do not have to update. http://t.co/lWu8tbs1oP software updates are for new installs
— pod2g (@pod2g) January 11, 2014
So if you are facing any such problems, evasi0n7 1.0.3 should fix the issue. But if have already Jailbroken your device using the evasi0n7 then you can ignore the present update.
Mean while evasi0n7 is an untethered jailbreak which supports iOS 7, iOS 7.0.1, iOS 7.0.2, iOS 7.0.3, iOS 7.0.4.
Upon the device : It is compatible with the following iOS devices:
iPhone 5s, iPhone 5c, iPhone 5, iPhone 4S, iPhone 4
iPad Air, iPad 4, iPad 3, iPad 2
Retina iPad mini, iPad mini
iPod touch 5G
Get the latest version of the evasi0n Jailbreak here [Official]
Step-by-step guidelines to jailbreak your device :
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