We investigate the role of equilibrium and nonequilibrium noise in the magnetization dynamics on mono-domain ferromagnets. Starting from a microscopic model we present a detailed derivation of the spin shot noise correlator. We investigate the ramifications of the nonequilibrium noise on the spin torque dynamics, both in the steady state precessional regime and the spin switching regime. In the latter case we apply a generalized Fokker-Planck approach to spin switching, which models the switching by an Arrhenius law with an effective elevated temperature. We calculate the renormalization of the effective temperature due to spin shot noise and show that the nonequilibrium noise leads to the creation of cold and hot spot with respect to the noise intensity.
We address optimization of the spin current intensity profile needed to
achieve spin torque switching of a nanomagnet. For systems with Ohmic
dissipation we prove that the optimal current drives the magnetization along
the trajectory, which is exact time-reversed replica of the relaxation
trajectory towards the equilibrium. In practice it means that the optimal
current is very nearly {\em twice} the minimal critical current needed to
switch the magnet. Pulse duration of such an optimal current is a slow
logarithmic function of temperature and the required probability of switching.Comment: 4 pages, 4 figure
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