I will expand my comment above. This identity can be written in this hypergeometric form, which allows to evaluate the speed or efficiency of the formula$$\log\left(\frac98\right)=\frac12\cdot\sum_{n=1}^\infty\left(\frac1{2^4\,3^5}\right)^n\cdot\frac{578\,n-191}{n(2n-1)}\cdot\left[\begin{matrix}
1&\frac{1}{2}\\
\frac{1}{3}&\frac{2}{3}\\
\end{matrix}\right]_n$$ You can evaluate the efficiency for this and other series of the same kind by computing the binary splitting cost, where $\rho$ is the convergence rate and $d$ is the number of Pochhammers in a row. $$C_s=-4\cdot\frac{d}{\log(\rho)}$$ A series is faster if it has a lower cost. Formulas having different series or constants must add their costs. I have already explained it here in MO in other Q&A's. Now, answering your questions,
Q1a. Formula is not known explicitly, but as it is deduced from the answer by Zhi-Wei Sun, it can be proven easily by a linear combination of the indicated sums whose closed forms are found in the references given.
Q1b. WZ proof. We need a proper (F,G) pair from the series known. This is not easy in this case. The method of Au's seeds fails, and we cannot use this tool. This is a very similar case to my Question about some logarithm formulas. I could find (after some months) an entanglement of two linearly convergent logarithm series providing the searched (F,G) pair that allowed to prove them and discover more proven identities.
Q2. About the speed. No, this is not the fastest formula for $\log(3)$. The fastest is Eq.(1) here having $C_s=1.464..$ and the 2nd fastest is Eq.(8) with $C_s=1.646..$. For $\log(2)$ the fastest has $C_s=0.968..$.
Your identity (1) has a series cost $$C_{series}=-4\cdot\frac{2}{\log\left(\frac1{3888}\right)}=0.968..$$
but you have to add the $C_{\log(2)}=0.968..$ which gives a total cost for $\log(3)$ equal to $C_s=1.936..$ that is worse than $1.464$.