How to thaw bacon fast? A second way to thaw bacon is to place it on a baking sheet. The baking sheet is the best option for cooking bacon in the microwave. A baking sheet will make the job a lot easier. The bacon will be crispy and flavorful in less than 20 minutes. When you're done, transfer the bacon to a cookie sheet and place it in the oven for another 5 minutes. After 15 minutes, your bacon should be fully defrosted. Another way to thaw bacon is to place it in a bowl of cold water. This method works b