The invention provides a preparation method and a growth device of an N-type silicon carbide crystal. The method comprises the following steps: (1) placing a raw material in a high-temperature area of a crucible, placing a seed crystal in a low-temperature area of the crucible, recessing the outer wall of the top of the crucible inwards to form an annular gas groove, placing the assembled crucible in a furnace body of a crystal growth furnace, and enabling the annular air groove to be close to a vent hole of the furnace body; and (2) in a crystal growth stage, introducing nitrogen source gas into the furnace body through the vent hole, controlling crystal growth temperature and crystal growth pressure, and enabling the N-type silicon carbide crystal to grow on the seed crystal. The annular gas groove is close to the vent hole of the furnace body, the introduced gas can flow along the annular gas groove, a gas flow speed is high, the gas is diffused into the crucible, heat transmission away from the central axis in the crucible is accelerated, the radial temperature gradient of the crucible is reduced, and crystal growth quality is improved.