This is a short article that because the situation can change without warning and article is written on 19-March-2021 at 21:07 UTC. There have been updates to names used and now Krýsuvík-Trölladyngja name is used by Global Volcanism Program and Icelandic Met Office. Suggesting that the magma that is about to erupt has its origin in Krýsuvík volcano system eat of current centre of activity. This sometimes happens in Iceland when magma travels long distances deep underground.
Today at 15:01 an earthquake took place with magnitude of Mw3,1. This earthquake has in my view clear signs of magma movement close to the surface as the depth of this earthquake was just 0,1 km (100 meter).
This earthquake strongly suggests that magma created it at shallow depth. It has not yet resulted in an eruption but it is a question if this the final sign before an eruption happens. The current quiet time might last up to 2 months but it is impossible to know for sure.
At 04:30 this morning (19-March-2021) an earthquake swarm started just off the coast of Reykjanestá. This activity looks tectonic in nature for now but it is highly focused in one location. This earthquake activity did start on 24-February-2021 when the Mw5,7 earthquake happened. This activity was only going on for short period of time on 24-February-2021 before it stopped until now.
Largest earthquakes in this swarm had a magnitude of Mw3,7 but in total of 10 earthquakes with magnitude above 3 took place in this earthquake swarm. Around 100 earthquakes where recorded at the writing of this article but after 06:00 this earthquake swarm slowed down from its peak activity around 05:50. This earthquake swarm might increase again without warning.
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