The invention discloses an epoxy resin manhole cover prepared by utilizing waste glass fibers and a preparation method of the manhole cover. The manhole cover comprises the following components, in percentages by mass: 86-92.5% of an epoxy resin glass cloth, 6-12% of active calcium, and 1.5-2.8% of a curing agent, wherein the epoxy resin glass cloth comprises the following materials, in percentages by mass: 60-80% of a glass fiber cloth and 20-40% of epoxy resin coating the glass fiber cloth. According to the manhole cover and the preparation method of the manhole cover provided by the invention, the manhole cover comprises the following components, in percentages by mass: 86-92.5% of the epoxy resin glass cloth, 6-12% of the active calcium, and 1.5-2.8% of the curing agent, direct use offormaldehyde is avoided, and compared with the prior art, the method provided by the invention has the beneficial effects of recycling the glass fiber waste, turning the waste into treasure, improvingthe use amount of the waste glass fibers and reducing the use amount of the epoxy resin, thereby reducing the industrial costs; and the produced manhole cover has high strength, abrasion resistance,acid resistance, alkali resistance, flame resistance, insulation, good comprehensive mechanical properties, and long service life, and more importantly, the formaldehyde is not used, so that the manhole cover is green and environmentally friendly.