Nonequilibrium dynamical ferromagnetism of interacting single-molecule magnets

We propose a nonequilibrium Monte Carlo (MC) approach to explore nonequilibrium dynamical ferromagnetism of interacting single molecule magnets (SMMs). Both quantum spin tunneling and thermally activated spin reversal are implemented in the same MC simulation framework. Applied to a typical example, this simulation method satisfactorily reproduces experimental magnetization curves with experimental parameters. Our results show that both quantum and classical effects are essential to determine the hysteresis behaviors. This method is effective and reliable to gain deep insights into SMMs.