Consider this equation where $a$ and $b$ are positive integers.
$$k = \frac{2^a - 1}{2^{a+b} - 3^b}$$
This equation has the trivial solution $k=1, a=1, b=1$.
How would I find more solutions, or show that no more exist? I'm not asking anyone to solve it, but just explain how I might explore the solutions myself.
I came up with this equation as one whose solution would imply one specific kind of cycle in the Collatz iteration. Since the Collatz conjecture is believed to hold, I expect that there is proof that this equation has no other solutions, and am interested to see what mathematical techniques can be used to eliminate just this one case.
There is another representation of this formula, which connects it with an -as well unsolved- "detail in the Waring-problem" (see mathworld.com) namely the distance of $(3/2)^N$ to the next integers.
By rewriting (I use different variables names from your formula to match the notation in an essay of mine:N for b - because "N" indicates the "N"umber of odd steps, "A" for "a" because I use capital letters for exponents in this environment, see section 4.2 in the essay) $$ k(2^A2^N-3^N)=2^A-1 \\ 2^A(2^N k-1)=3^N k-1 \\ $$ $$ 2^A={3^N k-1 \over 2^N k-1} \tag 1$$ Introducing a functional notation $$ f(N,k) = {3^N k-1 \over 2^N k-1} \tag 2 $$ $\qquad \qquad $ relates to a well-known conjecture, but which is again unproven until today.
$\qquad \qquad $ We can reformulate this as $$ f(N,k) = (3/2)^N + (3/4)^N/k - \varepsilon_{N,k} \tag 3 $$ $\qquad \qquad $ where $\varepsilon_{N,k} < 1/2^N$ for $N,k \gt 1$.
Looking at the first part only and omitting the small subtractive summand, we find an expression, which occurs in the "detail" $$ f^*(N,k) = (3/2)^N + (3/4)^N \lt \lceil (3/2)^N \rceil \qquad \text {for } N \gt 7 \tag 4 $$ and that means, that in $(1)$ not only we cannot have a perfect power of $2$ on the lhs, but even not an integer at all, because due to conjecture $(4)$ the next integer above $(3/2)^N$ is larger than $f^*(N,k)$ and thus than $f(N,k)$ as well.
So if the "detail in the Waring-problem" could be solved/proved independently, then again we had the argument against the "1-cycle".
I didn't investigate the reverse idea: but I think it should be an interesting discussion, whether the Steiner/Simons/deWeger-disproof of the "1-cycle" can be expanded into a formal solution of the "detail in the Waring-problem". Perhaps this is doable with more experience/math-training than I have.
Appendix: see the picture of $f^*(N,1)$ . (The picture is rescaled for the $\tanh^{-1}()$ of the interval $0 .. 1$ of the resp. fractional parts)
Indeed, for $N \gt 7$ the red points for $f^*(N,1)$ (denoted as $g(N)$ in the picture) lay in the very near of the grey/blue points, and for $N \gt 50$ the different coordinate is practically indiscernable, thus empirically confirming the conjecture $(4)$ from the "detail" up to $N=20000$.