An asteroid the size of three football fields is nearing the earth and Slooh is tracking down the "potentially hazardous" mass, Slooh said in a press release.

"Slooh will cover NEA 2000 EM26, a "Potentially Hazardous Asteroid", as it makes its closest approach on Monday, February 17th starting at 6PM PST / 9PM EST / 02:00UTC (2/18) live from the Canary Islands," reads Slooh's press release.

Near-Earth Asteroid (NEA) 2000 EM26 is about 885 feet in diameter and is reportedly travelling at a speed of 27,000 miles per hour or 12.37 kilometers per second, notes Slooh.

According to Slooh, the asteroid is "potentially hazardous," meaning "that they have the potential to cause significant damage in the event of an impact."

"Every few centuries, an even more massive asteroid strikes us; fortunately usually impacting in an ocean or wasteland such an Antarctica. But the ongoing threat, and the fact that biosphere;altering events remain a real if small annual possibility, suggests that discovering and tracking all NEOs, as well as setting up contingency plans for deflecting them on short notice should the need arise, would be a wise use of resources," says Slooh host and astronomer Bob Berman in the press release.

It can be recalled that roughly a year ago, on February 15, a 65-foot asteroid exploded over Chelyabinsk, Russia - 18 miles above Siberia. The explosion reportedly injured 1,200 people - shattering windows and damaging buildings as well, notes MSN.

Although NEA 2000 EM26 has been dubbed as a "potentially hazardous asteroid" by Slooh, Fox News says that the body of mass "poses no threat of actually hitting the planet."

Slooh is providing a live image stream of the asteroid as it passes by Earth, along with commentaries from Slooh host and astronomer, Bob Berman, Slooh technical director, Paul Cox., and special guest, Dr. Mark Boslough, an expert on planetary impacts and global catastrophes, says the press release.

View the live feed in the video below or visit Slooh's website HERE.