Is this a problem?
I m digging over a new bed and about to put manure into it but found this mould / fungus ? The majority is coming from around the base of a rhododendron. It seems to be on woody material there are also some roots covered in it.
Any advice please.

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look like dry rot to me
James
Just natural breakdown of the woody matter - strands of bacteria. Keep calm and carry on!
Thanks, I'll get digging then.