There are fungus's amungs us, that feed exclusively on wood. They can be commonly found living in your mulch mixes in the yard, and if conditions are right (dark and damp) in your pot. In theory, they arent bad. Some of them are the only things around that are able to break down the cell wall of wood cells. Adaquate light and air flow are critical in reducing molds and fungus. Google things like - mulch fungus, and see what pops up.
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