The invention relates to the ground source heat pump technique and particularly relates to a device for monitoring the ground source heat pump system based on the internet of things. The device comprises a soil temperature wireless sensor, an outdoor air temperature wireless sensor, an indoor temperature wireless sensor, water inlet-outlet temperature wireless sensors arranged on a cold-hot resource side and an air conditioner loading side of a cold water machine set, a flow wireless sensor, a wireless intelligent ammeter, a wireless signal collecting module, a local server and a remote monitoring computer. The wireless signal collecting module collects the parameter of each sensor according to the ZigBee protocol, transmits the parameters to the local server by the Internet according to the Modbus protocol, and then stores, computes and displays the COP (coefficient of performance) and the WTF (water transport factor) curves by the ground source heat pump system, and finally transmits the parameters to the remote monitoring computer by the Internet. The device can obtain the CPI (comprehensive performance index), the COP (coefficient of performance) and the WTF (water transport factor) of the ground source heat pump, and is beneficial to monitoring the daily energy-saving situation of the ground source heat pump system and providing evaluation data for the energy-saving improvement of the system.