You use the first number of the BC to determine,
BC Based Method
The BC method simply states that 308 has the BC of .4 so you use 4 MPH. If you use a bullet with a different BC that first number is the value you use for the wind speed. So a 5.56 would use 3 MPH based off the .3 BC for the bullet.
100 = .1 mil @ 4 mph
200 = .2 mil
300 = .3 mil
400 = .4 mil
500 = .5 mil
After 500 yards the velocity is changing you so have to adjust the values to account for this. It jumps up by .1 mils here.
The numbers continue this way.
600 = .7 mil
700 = .8 mil
800 = .9 mil
900 = 1 mil
100 - 1.1 mil
Pretty simple you just change the MPH value for .1 mils based off the bullet’s BC. It’s not perfect, but it’s fast and easier to remember than doing a long hand math formula in the field.
There are others, it's not really, "their" formula it's just another way to do the math.
The British Method is 10MPH, the Rules of 9s, is 9...
The Rule of Nines
Similar to the British Method, you simply take the wind speed and multiply it by the range in 100 meter increments and then using the base value, 9 = .25 Mils, 18 = 5. Mils, and 36 = 1 Mil, you have the following example.
7 MPH @ 500m = 35, here 35 is close to 36 so you would use a light 1 Mil for the hold. Its not perfect but close enough for government work. If you had a 3 MPH wind at the same range the answer would be 3 x 5 = 15 which is close to 18 so a light .5 mils hold. Is this not 1/4 minute perfect, but it will solve a minute of man problem in the field.