It looks like you're providing a rough estimate of the conversion rate from Bitcoin (BTC) to Philippine Pesos (PHP).

Here's a breakdown of what I see:

* The initial value is $56,623.08, which is likely the current market price of 1 Bitcoin.
* You then divide this value by the number of Bitcoins (#bitcoin), which gives you the equivalent value in PHP.
* The result is approximately ₱3,198,325.99, which is a rough estimate of the conversion rate.

The last part shows an update of around 0.34% (or $193.95) change in the exchange rate, resulting in an additional ₱10,799.30 value.

Please note that cryptocurrency prices can fluctuate rapidly and may not reflect real-time values. This calculation is likely intended to provide a rough estimate rather than an exact conversion rate.