Location: Iceland - March 2021. For more than 2 weeks, the Reykjanes peninsula in Iceland has been shaken by earthquakes. More than 34,000 earthquakes have been recorded so far... What exactly is happening under the earth surface at Reykjanes and is a lave eruption expected? We took a look beneath the earth's surface! Reykjanes (see map) is home to a series of volcanic fissures streaking through the bottom of the peninsula. From a channel on the 5 km deep bottom of the magma