Which model is your old mini? I have the 2012 version (10 years old geez) but actually 2012 is the last version of mini which you can actually open, add more ram and chance hd to fast ssd. This way mine still gets plenty of use at studio for tracking bands, easy 20+ tracks simultaneously (running reaper, rme ufx+). I have the new M1 at home for mixing/videoediting etc and the old one at studio for tracking/playback etc.
Or you can hook it up with your tv/hifisystem to be the most versatile mediaserver (streaming music, web, youtube whatnot). Anyway I'd say keep it for backup machine if nothing else.