Does anyone know what this stuff is? It's some sort of fungus that's growing in my mulch.
It doesn't really bother me because my yard is always full of mushrooms and weird growths because I use so much mulch and almost finished compost everywhere. I even get a nice bunch of morels that sprout up every once in a while.
My guess is that it's something that grows where ever there's decaying wood (like my shredded wood mulch).
Most likely, I'll just cover it up with more mulch this spring when I top off all of my border beds.