Line a baking tray with waxed paper.
Place butterscotch chips and peanut butter in the top of a double boiler over simmering water. Stir frequently, scraping down the sides with a rubber spatula to avoid scorching, until melted, about 5 minutes.
Stir noodles and peanuts into melted peanut butter mixture.
Drop dough by forkfuls onto the prepared tray. Allow to cool at room temperature until set.
