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Researchers have decoded ancient recordings from fragments of an asteroid dating back billions of years to the start of the Solar System, the BBC reports.

They found tiny "space magnets" in meteorites which retain a memory of the birth and death of the asteroid's core.

Like the data recorded on the surface of a computer hard drive, the magnetic signals written in the space rock reveal how Earth's own metallic core and magnetic field may one day die.

The work appears in Nature journal.

Using a giant X-ray microscope, called a synchrotron, the team was able to read the signals that formed more than four-and-a-half billion years ago, soon after the birth of the Solar System.

The meteorites are pieces of a parent asteroid that originally came from asteroid belt, between Mars and Jupiter.

They represents the left-over fragments of a planet that failed to form. The magnetic recording within it traps a signal of the precise moments when an iron-rich core formed in the asteroid as well as when it froze, killing its magnetic field.

The new picture of metallic core solidification in the asteroid provide clues about the magnetic field and iron-rich core of Earth.

"Ideas about how the Earth's core evolved through [our planet's] history are really changing at the moment," lead researcher Dr Richard Harrison, from the University of Cambridge, told BBC News.

"We believe that Earth's magnetic field is linked to core solidification. Earth's solid inner core may have started to form at very interesting time in terms of the evolution of life on Earth.

"By studying an asteroid we get to see this in fast forward. We can see the start of core solidification in the magnetic records as well as its end, and start to think about how these processes work on Earth."

The meteorites studied by the team originally fell to Earth in Argentina, and are composed of gem-quality crystals enclosed in a metallic matrix of iron and nickel.

Tiny particles, smaller than one thousandth the width of a human hair, trapped within the metal have retained the magnetic signature of the parent asteroid from its birth in the early Solar System.