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With an electric mixer, whip the cream and sugar for several minutes, until it becomes whipped cream. Do not overmix, or it will turn into butter.
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While the cream is being whipped, place the chocolate in a small bowl and heat for 30 seconds. Stir and heat again in ten second increments, until it is fully melted.
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Place the peanuts in a small, bowl.
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Whisk your chocolate into to the whipped cream and continue to whisk until fully incorporated.
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This next part can be tricky if you don't pay attention... Take two spoons and using one spoon, get about 1 Tablespoon of the chocolate cream out of the bowl. Use the other spoon to shape it into a ball. Then, drop the ball of chocolate cream into the bowl of peanuts.
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Pile peanuts on top of the chocolate cream, being careful not to alter the shape too much. Then gently roll the ball around until fully coated with peanuts.
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Refrigerate for 1 hour before serving.
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These will hold together for a while after being removed from the fridge; however, they are best eaten cold.