Austenitic stainless steel is a promising candidate structural material for direct contact components with lead‑bismuth eutectic (LBE) in lead-cooled fast reactor (LFR). However, the preferential dissolution of Ni from austenitic steels at low oxygen concentrations will lead to the precipitation of Ni-containing phases in the low-temperature parts of reactors, which has a risk of pipe clogging. In this paper, three samples, comprising one extracted from a corrosion tank after prolonged operation and two prepared, respectively, by quenching in liquid nitrogen and cooling in the furnace, were obtained to investigate the effect of cooling rate on the precipitation characteristics and growth mechanism of Bi3Ni that forms by the reaction of dissolved Ni and Bi in LBE. The results showed that rod-like Bi3Ni was found in all three Ni-containing LBE samples. As the cooling rate increased, the width of Bi3Ni decreased. The Bi3Ni in all three samples displayed a pseudo-hexagonal prismatic shape and had a typical faceted growth character; the cooling rate had no effect on the morphology of them. The crystallographic analysis showed that the growth axis of Bi3Ni was in the 〈010〉 direction, and the prism planes were composed of {001} and {101}. In addition, the precipitation of Bi3Ni inevitably increased the content of Pb7Bi3, which would in turn enhance the volumetric expansion of solid LBE samples. For the growth mechanism, Bi3Ni phases were controlled by the screw dislocation mechanism, with the step growth rate of the dislocation core being greater than that of the outer edges. Given the low cooling rate and low Ni content in the LBE coolant of reactors, the precipitation of Bi3Ni with a rod-like morphology seems to be inevitable.