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magnetic field sensitivity of SQUID sensors and the superparamagnetic properties of magnetite nanoparticles. These nanoparticles are paramagnetic; they have no magnetic moment until exposed to an external field where they become ferromagnetic. After removal of the magnetizing field, the nanoparticles decay from a ferromagnetic state to a paramagnetic state, with a time constant that depends upon the particle size and whether they are bound to an external surface. Measurement of the decaying magnetic field

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