The logic behind the calc() code is trying to mimic the way the space gets calculated when a Featured Image isn't set
@@ -9,7 +9,7 @@
<!-- wp:group {"align":"full"} -->
<div class="wp-block-group alignfull">
-<!-- wp:post-featured-image {"align":"full"} /--></div>
+<!-- wp:post-featured-image {"align":"full", "style":{"spacing":{"margin":{"bottom":"calc(2*var(--wp--style--block-gap) + 3*var(--wp--custom--gap--horizontal))"}}}} /--></div>
<!-- /wp:group -->
<!-- wp:post-content {"layout":{"inherit":true}} /-->