Today (14-May-2014) a minor earthquake swarm took place in Kverkfjöll volcano. Earthquake activity is not common in Kverkfjöll volcano, but it does happen once in a while. This does not mean the volcano is about to erupt, this was just an earthquake swarm taking place. No earthquake reached the magnitude 2,0 in this earthquake swarm.
The earthquake swarm in Kverkfjöll volcano (red dots at north-east part of Vatnajökull glacier). Copyright of this image belongs to Icelandic Meteorological Office.
There are no clues to why this earthquake swarm took place. This might have been a magma injection in the volcano, or this might just have been a change in the highly active hydrothermal areas in the volcano. There was no change at all in harmonic tremors in the volcano during this earthquake swarm. Kverkfjöll web-camera can be found here, it has however not updated since 1-May-2014. I am not sure if this means anything for Kverkfjöll volcano, as such I am just waiting too see what happens next in Kverkfjöll volcano.
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If I’m correct, there seems to be swarm in Bárðarbunga volcano, or is this swarm in different system? 3.7 magnitude earthquake being strongest-
Bárðarbunga volcano is its own volcano system. It has nothing to do with Kverkfjöll volcano.