Starting in 1973, ferrofluids have been used in loudspeakers to remove heat from the voice coil, and to passively damp the movement of the cone. They reside in what would normally be the air gap around the voice coil, held in place by the speaker's magnet. Since ferrofluids are paramagnetic, they obey Curie's law and thus become less magnetic at higher temperatures. A strong magnet placed near the voice coil (which produces heat) will attract cold ferrofluid more than hot ferrofluid thus pulling the heated ferrofluid away from the electric voice coil and toward a heat sink. This is a relatively efficient cooling method which requires no additional energy input.