When energy is transferred between stores, not all of the energy is transferred usefully to the store that you want it to go to. Some energy is always dissipated when an energy transfer takes place.
Energy is transferred by the heater at the time of each temperature reading using the formula E = Pt, where t is the time in seconds since the experiment began
The holes are a lot bigger than the thermometer, so you should put a small amount of water in with the thermometer to ensure it can measure the temperature of the black block
If you assume all the energy supplied by the heater has been transferred to the black block, you can plot a graph of energy transferred to the thermal energy store of the black against temperature