Latest news of the cauldron that has formed in Öræfajökull volcano is not good. According to the news on mbl.is the cauldron got larger by 20 meters over a 9 day time period. Current shape of the cauldron now is close to the one of water droplet (according to the news). The hydrothermal activity is expanding to the south at the moment.
Current earthquake activity in Öræfajökull volcano. Copyright of this image belongs to Icelandic Met Office.
Earthquake activity in Öræfajökull volcano is constant, sometimes bad weather is preventing detection of earthquakes. There has been a small increase in magnitude of earthquakes being detected at the moment that change is not large as most earthquakes are below magnitude 1,0.
Icelandic News (in English)
Öræfajökull caldera has deepened considerably (mbl.is)
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