The invention discloses a variable-speed circumferential low-stress bending fatigue crack precise blanking machine and a blanking method of the variable-speed circumferential low-stress bending fatigue crack precise blanking machine. The variable-speed circumferential low-stress bending fatigue crack precise blanking machine comprises a variable-frequency motor, a large belt pulley, a V-shaped belt, a small belt pulley, a two-stage gear accelerator, a high-speed main shaft, a sliding rail supporting seat, a screw compression spring, a columnar hammer head, a feeding sleeve, a ball guide bushing, metal bars, a clamping hand, a clamping cylinder, a feeding cylinder, a hydraulic clamping feeding mechanism support, a machine body, a seat plate, a servo motor, a speed reducer, a coupler, a ball screw supporting seat, a screw, a nut, a ball screw, a deep groove ball bearing and a key. The variable-speed circumferential low-stress bending fatigue crack precise blanking machine is high in geometric precision of blanking workbanks, free of corner collapse and radial deformation, perpendicular and smooth in fracture section, few in burrs, and high in use ratio of material. The stress concentration effect, the resonance effect and the bending fatigue of an annular V-shaped groove are utilized to enable the critical value of the impact speed of vibration on the metal bars to be lower than the critical value of the speed in the high-speed shearing process, and the blanking machine is applicable to precise blanking of the metal bars of different materials.