I usually cold smoke my bacon for 12-36 hours with my A-MAZE-N cold smoker, 12 hours at a time with a rest in the fridge between cold smokes. This gives a light steady smoke versus a really heavy short smoke.
Then I let the bacon rest on the fridge for 3-4 days uncovered before slicing. No matter whether you hand or electric slice your bacon, you will definitely want to throw the slabs in the freezer for an hour before slicing.