This night there where two minor earthquakes on TFZ (according to the Richter scale). According to automatic results from Iceland Meteorological Office. The first earthquake had the magnitude of ML3.7 and the second earthquake had the magnitude of ML3.5. Many smaller earthquakes took place between this earthquakes. Most of them with the magnitude of 1.0 to 2.5. Earthquake activity is currently ongoing in this area at the moment. Earthquake activity started east of Grímsey Island around 00:04 UTC, 13.10.2012. The first earthquakes where smaller then 2.0 in magnitude.
The earthquake swarm on TFZ during the night. Copyright of this image belongs to Icelandic Meteorological Office.
This area of TFZ is well known for earthquake activity. During past few weeks it had several earthquake swarms around this location. More earthquakes should be expected in this area in next few hours to days. I do not know if any of this earthquake activity has been felt in Grímsey Island.
Blog post updated at 08:05 UTC.
Lurking,
What would Mr. Mogi say about this?
http://www.redorbit.com/news/science/1112712284/andean-sombrero-uplift-magma/
Some action in the north of vatnajokull. Bardarbunga? Or is bardarbunga situated more to the southwest?
Sander
This is activity within Bárðarbunda volcano system. Earthquakes are common this area of Bárðarbunga volcano system. So this might just be earthquakes and nothing else.
As has been case for the past few years.