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If you don't have roasted peanuts, preheat your oven to 350°F and spread the raw peanuts out on a baking sheet. Bake them until they're turning golden brown, about 10 minutes. By using roasted peanuts, you'll end up with a deeper, richer flavor, but it's up to you! We like it both ways.
Once the peanuts are roasted, add them and your preferred amount of salt to a high-speed blender or food processor. Pulse or turn on low for 1 minute to grind the nuts together into a gritty-looking mixture. Stop and scrape down the sides and bottom with a spatula or spoon.
Then, turn the blender or food processor back on to continue mixing for another 1-2 minutes. It will look like a dry peanut clump at this point. Don't you worry, we're not done yet!
Stop and scrape down the sides and bottom once more, then blend again until the mixture starts to appear smooth and glossy, about 2-3 minutes. You're going to be shocked at the transformation at this point.
Last but not least, add in any other optional flavors you want and blend to combine. Transfer your homemade peanut butter to a jar or a container for storage!