Add 1 cup of water to a shallow pot and bring it to a boil.
Place a heat safe bowl on top of the pot (make sure the water doesn't touch the bowl) to create a double boiler.
Reduce heat to simmer and add in your butterscotch morsels. Slowly stir the morsels until they begin to melt.
Add peanut butter to the bowl and stir until everything is completely melted together.
Remove bowl from heat. Add in chinese noodles and peanuts.
Stir everything together until all noodles and peanuts are covered in butterscotch/peanut butter mixture.
Spread out wax paper and begin to create your stacks. You can do this by scooping between 1-2 tbsp worth of mixture and placing it on the wax paper.
Create as many haystacks are the mixture allows for. You want to place them haphazardly, they will look like butterscotch peanut butter bundles.
Allow stacks to dry for 30 minutes. Serve & enjoy!