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Place the peanut butter and butterscotch chips into a saucepan over medium low heat. Stir until completely melted.
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Place the chow mein noodles and peanuts in a large mixing bowl, and pour the mixture over them.
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Stir to combine.
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Quickly drop spoonfuls of the mixture onto a parchment lined baking sheet.
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Allow the haystacks to cool and harden before serving.
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