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Previous works on cell-free massive MIMO mostly consider physical-layer and fronthaul transport aspects. How to deploy cell-free massive MIMO functionality in a practical wireless system is an open problem. This paper proposes a new cell-free architecture that can be implemented on top of a virtualized cloud radio access network (V-CRAN). We aim to minimize the end-to-end power consumption by jointly considering the radio, optical fronthaul, virtualized cloud processing resources, and spectral efficiency requirements of the user equipments. The considered optimization problem is cast in a mixed binary second-order cone programming form and, thus, the global optimum can be found using a branch-and-bound algorithm. The optimal power-efficient solution of our proposed cell-free system is compared with conventional small-cell implemented using V-CRAN, to determine the benefits of cell-free networking. The numerical results demonstrate that cell-free massive MIMO increases the maximum rate substantially, which can be provided with almost the same energy per bit. We show that it is more power-efficient to activate cell-free massive MIMO already at low spectral efficiencies (above 1 bit/s/Hz).