No, this is not Íceland, this is Nevada, USA. But it is in the middle of nowhere as most nature spectacles in Íceland.
Another difference is, that this Geyser is not of natural origin—it is the result of a drill for water.
http://en.wikipedia.org/wiki/Fly_Geyser
http://blackrockdesert.org/fly-geyser/
http://www.offgridquest.com/life-stories/a-farmer-drilled-for-water-but-what-came
http://www.sciencedump.com/content/farmer-drilled-water-and-created-stunning-piece-nature-accident