To add more to the above. 2, 2 hour temper cycles is plenty, although a third can be done, though it will make no measurable difference. A small gain in the quality of the temper can be had by quenching the blade in water after each temper. The hardening of the blade does not happen until the blades temp drops under 400° to 450°. There is most always some of the Austenite, the structure of the steel that forms when heated, that does not convert to the hard Martensite condition. During the cool down from each temper cycle, some of this left over Austenite converts to untempered Martensite, and requires a second temper cycle to prevent any brittleness this may cause. If cooled too slowly though, some of this new Martensite will revert back to Austenite. This can be prevented by quenching in water after each temper. It is really only a small gain to the steel in most cases, but does no harm, and allows you to start the second temper sooner.