In a mixing bowl, combine the grated sharp cheddar cheese and softened cream cheese.
Add garlic powder, onion powder, Worcestershire sauce, and hot sauce to the cheese mixture.
Mix all the ingredients until well combined and smooth in texture.
Cover the bowl and refrigerate the cheese spread for at least 1 hour to allow the flavors to meld together.
Once chilled, remove the cheese spread from the refrigerator and let it sit at room temperature for a few minutes.
Serve the cheese spread with an assortment of crackers, fresh vegetables, or bread slices for a delightful snacking experience.
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