Recall that a prime $p$ is a Wieferich prime if $p^2|2^{p-1}-1$. The only known Wieferich primes are $p=1093$ and $p=3511$. A prime $p$ is a generalized Wieferich prime to base $q$ if $p^2|q^{p-1}-1$.
It is strongly suspected that there are infinitely many Wieferich primes to base $q$ for any $q>1$. In the other direction it is strongly suspected that for any $q>1$ there are infinitely many non-Wieferich primes to base $q$, but this is also open even for $q=2$.
The situation is slightly different if one replaces $p^2$ with $p^3$. Call a prime $p$ a super-Wieferich prime to base $q$ if $p^3|q^{p-1}-1$. In particular, it is a standard conjecture (using similar heuristic arguments) that for any $q>1$ there are only finitely many primes $p$ which are super-Wieferich primes to base $q$. (For interesting recent work related to that question see Ram Murty and Francois Seguin's recent paper "Prime divisors of sparse values of cyclotomic polynomials and Wieferich primes" in the Journal of Number Theory.)
This question is about a highly restricted version of Wieferich primes. In particular: define a prime $p$ to be a hyper-Wieferich prime to base $q$ if there is some $m$ such that $$p^m = \frac{q^{p-1}-1}{q-1}$$ and $m>2$. The idea here is that $p$ is not just super-Wieferich to base $q$, but that every potential factor of $q^{p-1}-1$ which isn't one of the obvious factors coming from $q-1$ is in fact a copy of $p$.
Question: Can we show that there are only finitely many hyper-Wieferich primes or at least substantially restrict what they can look like?
We at least have the following:
Claim: The ABC conjecture implies that there are only finitely many primes $p$ which are hyper-Wieferich to base $q$.
Proof: Assume that $p$ is hyper-Wieferich to base $q$. So we have $$p^m = \frac{q^{p-1}-1}{q-1}.$$ One easily has that $m \geq p-2$. We set $A=p^m (q-1)$, $B=1$ and $C= q^{p-1}$. Then $\mathrm{rad}(ABC) = pq(q-1)$. But $q^{p-1}$ is much larger than $pq$.
The above shouldn't be too surprising since it is essentially a very simplified version of an argument of Silverman that the ABC conjecture implies there are infinitely many non-Wieferich primes.