The invention relates to a high-conductivity abrasion-resistant coating for a guide rail and a preparation technology thereof. The coating comprises the following chemical components by content: 45 to 55% of Mo, 15 to 25% of Cu, 6 to 10% of Cr, 1 to 3% of B and 2 to 4% of Si, and the balance being Ni. The preparation technology comprises the steps like surface down cutting of the to-be-coated guide rail, surface cleaning of the guide rail, shield protection, sand-blasting roughening, coating preparation and coating grinding processing. The preparation technology is characterized in that a high-speed plasma spraying technology is adopted, a uniform and compact large-thickness, high-conductivity and abrasion-resistance coating can be prepared on the surface of an electromagnetic railgun launching guide rail, the thickness of the grinded coating is 1.0 to 1.1 mm, the bonding strength of the coating and the guide rail is 20 to 35 MPa, the microhardness of the coating is 450 to 600 HV, and the electric conductivity is 5 to 12% IACS. The obtained high-conductivity abrasion-resistant coating is mainly used in special parts like the electromagnetic railgun launching guide rail, the surface hardness, abrasion resistance and electrical erosion resistance of the guide rail can be effectively improved, the service life is prolonged, the thermal hardness of the surface of the guide rail is improved, the failure rate of grinding is decreased, and the coating has important engineering application value.