Abstract: Magnetic vibration damper includes three coaxial elements: a first coaxial element with first permanent magnets, a second coaxial element with first soft magnets and a third coaxial element with second permanent magnets. The first soft magnets are located between the first permanent magnets and the second permanent magnets in a radial direction. The spacing of the second permanent magnets is larger than the spacing of the first permanent magnets. The damper further includes an energy conversion component, such as conductive layers or coils to convert the mechanical movement of the magnets into heat or electric current.