There is one way you can 'quiet' a Thunderbolt, bar shutting it off; is to kill the blower and just let the rotor run. Though that'll create a high pitch not dissimilar to that of the Glassport Thunderbolt; though that discussion was a stone age ago, and my memory isn't that good.
Some Thunderbolts will be quieter than other ones because of the port ratio. Dual tones are quieter because of the smaller ports on the rotor where the air has less space to squeeze out; where as single tone Thunderbolts can allow more air to escape on queue, because of the much larger ports.
So a single tone Thunderbolt is 127dB @ 30m (100ft) and a dual tone Thunderbolt is 125dB @ 30m (100ft).
Here's a single tone rotor from Eric's site.
Can't seem to find a picture of the dual tone rotor, which is essentially two rows of rectangular ports.
If your at a distance however, atmospheric conditions will affect a sounds effectiveness at travelling long distances and is called "attenuation", measured in decibels.
Google Definitions wrote:Loss of signal power. Attenuation is typically measured in decibels per kilometer (dB/km) at a specific wavelength.
Generally, the best conditions are warm moist days.