In this study, we present RainNet, a deep convolutional neural network for radar-based precipitation nowcasting, which was trained to predict continuous precipitation intensities at a lead time of 5 min. RainNet significantly outperformed the benchmark models at all lead times up to 60 min. Yet, an undesirable property of RainNet predictions is the level of spatial smoothing. Obviously, RainNet learned an optimal level of smoothing to produce a nowcast at 5 min lead time.