In a medium bowl, using a hand mixer, beat the cream cheese until light and fluffy.
Add the ranch seasoning, shredded cheddar, 1 tbs of fresh chives, and 2 tbs of hot sauce. Mix until well combined.
Taste and add additional hot sauce if desired.
Dollop the cheese mixture onto a length of plastic wrap. Shape it into a ball, wrap it in the plastic wrap, and refrigerate for at least 1 hour.
Spread the chopped pecans and remaining 1 tbs chives onto a plate. Roll the cheese ball it around on the chopped pecans and chives until the entire ball is covered.
Wrap the cheese ball in the plastic wrap and refrigerate again for at least an hour before eating.
Serve with crackers and or vegetables.