This paper presents a comparative analysis of MgB2 superconducting wire for various cooling treatments. The study investigates the effect of different cooling rates on the phase transformation, hardness, microstructure, and properties of the MgB2 wires. The samples were prepared by the powder-in-tube method using a mixture of magnesium and amorphous-boron powders through the sintering and hot rolling process The wires were cooled down at three different conditions, followed by characterization using X-ray diffraction, scanning electron microscopy, and hardness measurements. The results show that the cooling rate after sintering significantly impacted the microstructure and hardness strength of the MgB2 wires. A slower cooling rate led to a denser microstructure and higher hardness properties, while a faster cooling rate resulted in a more porous microstructure and lower hardness. However, it can be recommended further deformation for smaller wire sizes. These findings could provide insights into optimizing the sintering process to produce high-performance MgB2.