provide and analysis
Go to dune.com and execute the following query.
Ask chatGPT to explain the SQL query to you.
Then provide at least 5 observations by looking at the various metrics and timelines. And justify your observations using graphs.
SELECT date_trunc(‘{{granularity}}’, time) time /*rewards*/ , sum(total_fees) as total_fees , sum(mint_reward) as total_mint , count(mint_reward) as number_of_blocks , avg(total_fees) as average_fees_per_block /*size (bytes), transactions, and weights*/ , avg(transaction_count) as transaction_per_block , avg(stripped_size) as stripped_bytes_per_block , avg(case when height >= 481824 then weight else 0 end) as block_weight — stripped_size*3 + size , block_limit , avg(total_fees/stripped_size)*1e8 as cost_per_byte /*difficulty and pace*/ , 10 as target_pace , avg(difficulty) as difficulty , avg(difficulty* pow(2,32) / 600) as hash_rate –hash rate (hash/s) = difficulty * 2^32 / 600 , avg(EXTRACT(MINUTE FROM block_pace)) as block_pace FROM ( SELECT * , time – LAG(time) OVER (ORDER BY height asc) AS block_pace , case when height < 481824 then 1e6 else 4*1e6 end as block_limit FROM bitcoin.blocks ) group by 1, block_limit order by time desc limit 480
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