I came across this question while studying affine Springer fibers myself, and I hope this answer can help future learners.
Let us fix a Borel subgroup $B\subset G$ and a maximal torus $T\subset G$. Let $X_*(T):=\hom(\mathbb{C}^\times,T)$ denote the cocharacter lattice of $T$. Let $N:=[B,B]$ denote the maximal unipotent subgroup of $B$. The Iwasawa decomposition says $G(\mathcal{K})=\bigsqcup_{\lambda\in X_*(T)}N(\mathcal{K})t^\lambda G(\mathcal{O})$. In the case $G=\operatorname{SL}_2$, we can take $B$ to be the group of upper triangular matrices and $T$ to be the group of diagonal matrices. Then the Iwasawa decomposition in this case says that any element in $G(\mathcal{K})/G(\mathcal{O})$ can be represented as a left $G(\mathcal{O})$-coset of $\begin{pmatrix} 1 & f(t) \\ 0 & 1\end{pmatrix}\begin{pmatrix} t^n & 0 \\ 0 & t^{-n}\end{pmatrix}=\begin{pmatrix}t^n & t^{-n}f(t) \\ 0 & t^{-n}\end{pmatrix}$ for some $f(t)\in \mathcal{K}$ and $n\in \mathbb{Z}$. Since any term in $f(t)$ with degree $\geq 2n$ can be moved through $\begin{pmatrix} t^n & 0 \\ 0 & t^{-n}\end{pmatrix}$ and become an $N(\mathcal{O})$-element, we may assume without loss of generality that $f$ is a Laurent polynomial with degree less than $2n$.
Recall that the affine Springer fiber is defined to be $\mathfrak{X}_\gamma:=\{x\in G(\mathcal{K})\mid x^{-1}\gamma x\in \mathfrak{g}(\mathcal{O})\}/G(\mathcal{O})$. Therefore we need those representatives $x=\begin{pmatrix}t^n & t^{-n}f(t) \\ 0 & t^{-n}\end{pmatrix}$ such that
$$
\begin{pmatrix}t^n & t^{-n}f(t) \\ 0 & t^{-n}\end{pmatrix}^{-1}\begin{pmatrix} t & 0 \\ 0 & -t\end{pmatrix}\begin{pmatrix}t^n & t^{-n}f(t) \\ 0 & t^{-n}\end{pmatrix}=\begin{pmatrix}t & 2t^{1-2n}f(t) \\ 0 & -t \end{pmatrix} \in \mathfrak{g}(\mathcal{O}).
$$
As a result, this implies that $f(t)\in t^{2n-1}\mathcal{O}$. Combining this with $\deg f<2n$ we can conclude that $f(t)=at^{2n-1}$ for some $a\in \mathbb{C}$. In other words, the affine Springer fiber contains a copy of $\mathbb{A}^1$ for each integer $n$.
To understand how these copies of $\mathbb{A}^1$'s are glued together, we need a little bit more geometry. If we think of points in the affine Grassmannian $G(\mathcal{K})/G(\mathcal{O})$ in terms of lattices, the column vectors of $x=\begin{pmatrix}t^n & t^{-n}f(t) \\ 0 & t^{-n}\end{pmatrix}=\begin{pmatrix} t^n & at^{n-1}\\0 & t^{-n}\end{pmatrix}$ form a basis of the corresponding lattice $\Lambda$. We claim that the closure of the $\mathbb{A}^1$ copy associated with the integer $n$ coincides with the set
$$
C_n:=\{\text{lattices } \Lambda\mid t^{n}\mathcal{O}\oplus t^{-n+1}\mathcal{O}\subset \Lambda\subset t^{n-1}\mathcal{O}\oplus t^{-n}\mathcal{O}\}.
$$
It is not hard to verify that the $\mathbb{A}^1$ copy associated with $n$ is contained in $C_n$. On the other hand, note that by doing elementary column operations with $\mathcal{O}$-coefficients (i.e., up to a right multiple of $G(\mathcal{O})$), $x=\begin{pmatrix} t^n & at^{n-1}\\0 & t^{-n}\end{pmatrix}$ can be turned into a lower triangular matrix $\begin{pmatrix} t^{n-1} & 0 \\ a^{-1}t^{-n} & t^{-n+1}\end{pmatrix}$. Thus, as $a\rightarrow \infty$, the lattice $\Lambda$ converges to the lattice $\Lambda_{n-1}:=t^{n-1}\mathcal{O}\oplus t^{-n+1}\mathcal{O}$, which is also contained in the set $C_n$. Thus, we can conclude that the closure of the $\mathbb{A}^1$ copy associated with $n$ is a copy of $\mathbb{P}^1$ and is contained in the set $C_n$. Moreover, by using Iwasawa decomposition again one can show that there is nothing else other than this $\mathbb{P}^1$ inside $C_n$. This shows that the affine Springer fiber $\mathfrak{X}_\gamma$ is the union $\bigcup_{n\in \mathbb{Z}}C_n$ with $C_n\cong \mathbb{P}^1$ being its irreducible components and
$$
C_n\cap C_m=\begin{cases}\Lambda_{\min\{n,m\}} & \text{if $|n-m|=1$},\\
C_n & \text{if $n=m$}, \\
\emptyset & \text{otherwise}.\end{cases}
$$
In other words, the affine Springer fiber $\mathfrak{X}_\gamma$ is "an infinite chain of $\mathbb{P}^1$'s".