White Mold or Fungus Growing in My Raised Bed

I noticed that there is a white fungus or mold that is growing the Raised Bed that I had fertilized with manure and Soybean meal a few weeks ago (see this blog entry).

From using google on the Internet, I found that this is fungus is not harmful but is a result of having a lot of organic matter decaying in the soil.

I'll keep an eye on it to make sure it doesn't spread.