In a mixing bowl, add 8 ounces of softened cream cheese along with 1 cup of shredded sharp cheddar cheese. Using a hand mixer on medium speed, blend the cheeses together for about 2–3 minutes until smooth and creamy.

Next, stir in 1/2 cup of finely chopped pecans, 1/2 cup of sweet and spicy pepper jelly, and 1/4 cup of diced hot peppers. Sprinkle in 1 teaspoon each of garlic powder and onion powder, along with salt and pepper to taste. Mix thoroughly for an additional 2 minutes.

Scoop it out of the bowl and shape it into a ball using your hands. Wrap the cheese ball tightly in plastic wrap and refrigerate it for at least 2 hours.

Unwrap the cheese ball and roll it in 1/2 cup of chopped pecans until evenly coated. Make sure the pecans stick well.

Transfer the cheese ball onto a serving platter. Let it sit at room temperature for about 15 minutes before serving.