diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 405cf06cb..0fa57e8b9 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.1.3
+current_version = 1.2.0
 commit = True
 message = kawpowminer {new_version}
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 66bba1015..4c450b8cd 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -20,7 +20,7 @@ HunterGate(
 )
 
 project(kawpowminer)
-set(PROJECT_VERSION 1.1.3)
+set(PROJECT_VERSION 1.2.0)
 
 cable_set_build_type(DEFAULT Release CONFIGURATION_TYPES Release RelWithDebInfo)