You caught him.
But that doesn't mean it's purposeful. It could be that mining just didn't work when they tried it and had to stop. They did mention that it wasn't very reliable.
wait, wait, wait.
How is saying "we are mining" not purposefully lying when it is not true?
He just said "when mining starts" That means mining hasn't started.
Maybe they started mining but then the miner overheated and broke, or didn't work, or was unreliable. There are plenty of logical explanations for why they could have stopped mining. They promised a dividend so then a miscalculation. It's not exactly easy to deploy something like this, lets be real.