The invention belongs to the field of metal plate strip production, and in particular, relates to a hot-continuous-rolled steel strip for a 500 MPa-grade earthquake-proof construction structure and aproduction method thereof. The hot-continuous-rolled steel strip for the 500 MPa-grade earthquake-proof construction structure comprises the following chemical components in percentage by weight: 0.12-0.20% of C, 0.15-0.30% of Si, 1.20-1.60% of Mn, 0.05-0.10% of V, 0.010-0.035% of Ti, P not more than 0.020%, S not more than 0.015%, 0.020-0.060% of Als, and the balance of Fe and inevitable impurities. In the hot-continuous-rolled steel strip for the 500 MPa-grade earthquake-proof construction structure, the yield strength is 500-630 MPa, the tensile strength is 610-770 MPa, the yield ratio is not more than 0.81, the ductility is not less than 24%, the 0-DEG C impact power is not less than 54 J, the yield platform length is not less than 2.2%, the carbon equivalent Ceq is not more than 0.45%, and the welding crack sensitivity index Pcm is not more than 0.28%.