How do I mine bitcoin on a networked computer?

Good afternoon, fellow crypto enthusiasts. I'm curious about the process of mining Bitcoin on a networked computer. Could you please elaborate on the necessary steps and equipment required? Specifically, I'm interested in understanding the mining software, hardware requirements, and network setup that are crucial for successful bitcoin mining. Additionally, I'd like to know about any potential challenges or risks involved in this process. Your insights would be greatly appreciated as I embark on this journey of mining bitcoin on a networked system.